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JB Amusement CO.,Ltd. to Acquire 48.4% of ChanghaeEnergeering Ltd


Friday, 8 Nov 2013 03:15am EST 

JB Amusement CO.,Ltd. announced that it has decided to acquire 3,816,637 shares of ChanghaeEnergeering Ltd, which is engaged in the engineering business, from changhae ethanol co.,ltd and another shareholder for KRW 24,500 million, for JB Amusement CO.,Ltd.'s business diversification. After that, JB Amusement CO.,Ltd. will hold a 48.4% stake (3,816,637 shares) in ChanghaeEnergeering Ltd. The expected transaction settlement date is March 31, 2014. 

Company Quote

950.0
65.0 +7.34%
28 Aug 2014