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Amicogen to acquire stake in KUMHO CHEMICAL INDUSTRY


Thursday, 17 Apr 2014 10:59pm EDT 

Amicogen Inc:To acquire 69.54 pct stake (215,575 shares) in KUMHO CHEMICAL INDUSTRY LTD, which is engaged in manufacturing and sales of amino acid powder, to improve competitiveness.Transaction amount of 900 mln won.Expected transaction date of May 7.