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The Korea Herald
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THE INVESTOR
March 29, 2024

Market Now

Hwaseung R&A sells W42b stake in Hwaseung Industries

  • PUBLISHED :March 29, 2017 - 17:46
  • UPDATED :March 29, 2017 - 17:46
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[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)

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