April 25, 2024
Market Now
KT&G invests W48.6b in Indonesian tobacco subsidiary
[DISCLOSURE] KT&G (033780) announced on May 26 that it has invested 48.62 billion won (US$43.45 million) in its Indonesian tobacco subsidiary Renzoluc and acquired additional 13,151,932 shares.
It will own 88.6 percent of the company after acquisition.
By Hwang You-mee (theinvestor@heraldcorp.com)
It will own 88.6 percent of the company after acquisition.
By Hwang You-mee (theinvestor@heraldcorp.com)
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