[DISCLOSURE]
Hwaseung R&A (013520) announced on March 29 that it will sell 4.2 million shares of its affiliate
Hwaseung Industries (006060) at 42.1 billion won (US$37.78 million) on March 30 in an after-hours block deal to retrieve its investment.
Its stake will decrease to 9.98 percent.
By Hwang You-mee (
theinvestor@heraldcorp.com)