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Partron Co Ltd Updates Plan of Acquiring Hansung Elcomtec Co., Ltd

Monday, 26 Aug 2013 05:11am EDT 

Partron Co Ltd announced that it has updated its plan of acquiring 42,800,000 new shares of Hansung Elcomtec Co., Ltd for KRW 21,400,000,000, which was previously announced on July 11, 2013. After the transaction, the Company will hold 42,800,000 shares, or a 50.7% stake in Hansung Elcomtec Co., Ltd, instead of a 50.6% stake. The expected transaction settlement date was also decided to be September 12, 2013. 

Company Quote

-450.0 -4.02%
19 Sep 2014