Brief: Imagine Asia to buy stake in Sewon for 6.25 bln won

Chungho ICT Co

10/11/2016 09:36

Nov 10 (Reuters) - Imagine Asia Co Ltd  036260.KQ  : 
 
    * Says it will buy 50,000 shares of Sewon Co., Ltd, a gas 
filter firm, from Chungho Comnet Co Ltd  012600.KS , to improve 
synergy effect 
    * Says transaction amount is 6.25 billion won 
    * Says it will hold 27.9 percent stake(78,000 shares) in 
Sewon Co., Ltd, after the transaction 
     
     
    Source text in Korean: https://goo.gl/drk8Wd 
    Further company coverage:  036260.KQ  012600.KS  
 
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