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THE INVESTOR
September 29, 2020
Big Reunion

KR Motors acquires Daelim’s bike biz

  • PUBLISHED :July 12, 2017 - 09:56
  • UPDATED :July 12, 2017 - 09:56
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[DISCLOSURE] KR Motors (000040) announced on July 11 that it has taken over the entire stake in Daelim Motor’s motorcycle department at 33.4 billion won (US$29.14 million). 

KR Motors was the nation’s second-largest motorcycle manufacturer after Daelim Motors, which will remain as a parts maker. 

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

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