April 19, 2024
Market Now
Doosan Infracore cashes in W152.4b stake in Doosan Bobcat
[DISCLOSURE] Doosan Infracore (042670) announced on Nov. 29 that it has decided to sell 4.3 million shares of its subsidiary Doosan Bobcat (241560) at 152.4 billion won (US$136.07 million) “to strengthen its financial health.”
This amounts to 4.8 percent of its equity capital and it will own 51.05 percent stake.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 4.8 percent of its equity capital and it will own 51.05 percent stake.
By Hwang You-mee (glamazon@heraldcorp.com)
