April 25, 2024
Market Now
Tongyang Networks becomes largest stakeholder of German pharma Medigene
[DISCLOSURE] Tongyang Networks (030790) announced on May 28 that it has decided to acquire 1.65 million shares of German pharmaceutical company Medigene at 30.3 billion won (US$28.19 million).
This amounts to 29.72 percent of its equity capital and it will be the largest stakeholder with 6.72 percent stake.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 29.72 percent of its equity capital and it will be the largest stakeholder with 6.72 percent stake.
By Hwang You-mee (glamazon@heraldcorp.com)
