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The Korea Herald
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THE INVESTOR
March 29, 2024

Market Now

Fila Korea invests W100b in subsidiary

  • PUBLISHED :September 18, 2018 - 09:19
  • UPDATED :September 18, 2018 - 09:19
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[DISCLOSURE] Fila Korea (081660) announced on Sept. 17 that it has decided to acquire 92,178 shares issued by its wholly-owned non-financial holding company Magnus Holdings at 100 billion won (US$88.54 million) “to repay part of Magnus Holdings’ borrowing through Fila Korea’s investment in cash and Magnus Holdings’ capital raise.”   

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

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