▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald
검색폼

THE INVESTOR
March 29, 2024

Market Now

Saeron Automotive to invest US$21.6m in Chinese affiliate

  • PUBLISHED :June 19, 2017 - 10:23
  • UPDATED :June 19, 2017 - 10:23
  • 폰트작게
  • 폰트크게
  • facebook
  • sms
  • print
[DISCLOSURE] Saeron Automotive (075180) announced on June 16 that it has decided to acquire 90 percent stake in its Chinese affiliate temporarily named Saeron Automotive Yantai at US$21.6 million “to increase manufacturing capacity and expand business in China.”

This amounts to 11.3 percent of its equity capital. 

By Hwang You-mee (theinvestor@heraldcorp.com)

EDITOR'S PICKS