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e-Litecom Co., Ltd. to Establish New Subsidiary
e-Litecom Co., Ltd. announced that it will establish a new wholly owned subsidiary, e-LITECOM VINA, in Vietnam to reinforce its operations and productions. The new entity, to be capitalized at KRW 3,254,100,000, will be mainly engaged in the manufacturing of electronic products. The expected transaction settlement date is April 30, 2013.
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