May 19, 2024
Market Now
Asia Business Daily invests W14b in leisure affiliate
[DISCLOSURE] Asia Business Daily (127710) announced on June 27 that it has decided to take over 20 percent stake (2,128,390 shares) in its affiliate Oksan Leisure at 14.14 billion won (US$12.65 million) “to strengthen business synergy and to promote investment profits.”
This amounts to 13.01 percent of its equity capital and it will own 20 percent of the affiliate.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 13.01 percent of its equity capital and it will own 20 percent of the affiliate.
By Hwang You-mee (glamazon@heraldcorp.com)
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