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LOT Vacuum Co., Ltd. to Establish New Subsidiary

Tuesday, 25 Jun 2013 03:18am EDT 

LOT Vacuum Co., Ltd. announced that it has decided to establish a new wholly owned subsidiary in China, to build a sales bridgehead in Xi'an, China. The new entity, capitalized at KRW 2,897,500,000, will be mainly engaged in the sale and repair of vacuum pump for semiconductor. The expected transaction settlement date is July 30, 2013. 

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