Brief: Chungho Comnet to sell stake in Sewon for 6.25 bln won

Chungho ICT Co

10/11/2016 08:09

Nov 10 (Reuters) - Chungho Comnet Co Ltd  012600.KS  : 
 
    * Says it will sell 50,000 shares of Sewon Co Ltd, a gas 
filter firm, to improve financial structure  
    * Says transaction amount is 6.25 billion won 
    * Says it will hold 72.1 percent stake(202,000 shares) in 
Sewon Co Ltd, after the transaction  
 
    Source text in Korean: https://goo.gl/nX5bDp 
    Further company coverage:  012600.KS  
 
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