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SK C&C Co Ltd to divest stake in SK Encarsales.com Ltd


Wednesday, 5 Mar 2014 08:14pm EST 

SK C&C Co Ltd:To transfer 249,999 shares of a new wholly owned subsidiary, SK Encarsales.com Ltd, which is engaged in the online sales of used cars, for development of overseas market.Buyer is Carsales Holdings Pty Ltd.Transaction price is 117,500 mln won.Expected transaction settlement date is April 16.To hold a 50.1 pct stake (250,001 shares) in the subsidiary after transaction. 

Company Quote

214500.0
13000.0 +6.45%
19 Dec 2014