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Daewoo International Corporation to Transfer Fiber Manufacturing Business to TAE KWANG INDUSTRIAL CO. LTD


Thursday, 31 Oct 2013 03:00am EDT 

Daewoo International Corporation announced that it has decided to transfer its fiber manufacturing business (Busan-based factory) to TAE KWANG INDUSTRIAL CO. LTD for KRW 161,100 million, for the employment stabilization and core competency strengthening. The transaction is expected to be settled on November 18, 2013. 

Company Quote

31500.0
450.0 +1.45%
26 Dec 2014