Brief: Arion Technology to sell its entire stake in Dream T Entertainment
Nov 25 (Reuters) - Arion Technology Inc 058220.KQ :
* Says it will transfer 2.2 million shares of Dream T
Entertainment Co Ltd, a record firm, to Singapore-located
company Elektromotive Group Limited, for business diversity
* Says transaction amount is 9.19 billion won
* Says it will hold 0 percent stake in Dream T Entertainment
Co Ltd after the transaction
Source text in Korean: https://goo.gl/9tmocx
Further company coverage: 058220.KQ
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))
Recent news on Arion Technology
See all newsBrief: Arion Technology says conversion of 5th series convertible bonds into shares
Brief: Arion Technology issues 8th tranche convertible bonds worth 21.47 bln won
Brief: Arion Technology says conversion of 4th series convertible bonds into shares
Brief: Arion Technology to sell its entire stake in Dream T Entertainment for 7.41 bln won
Brief: Arion Technology raises 4.01 bln won in private placement