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The Korea Herald
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THE INVESTOR
April 26, 2024

Market Now

Samyang Packaging acquires W55.2b asset

  • PUBLISHED :April 12, 2018 - 11:21
  • UPDATED :April 12, 2018 - 11:21
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[DISCLOSURE] Samyang Packaging (272550) announced on April 11 that it has decided to take over tangible assets worth 55.2 billion won (US$51.68 million) from Mitsubishi Heavy Industries and others by March 1, 2019. 

To expand aseptic manufacturing line, it will purchase a building, equipments and auxiliary facilities, said the company. 

This amounts to 11.10 percent of its equity capital. 

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

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