Brief: DAESUNG INDUSTRIAL to unload stake in Dae Sung Celtic for 33 bln won

Daesung Industrial

08/07/2016 02:08

July 8 (Reuters) - DAESUNG INDUSTRIAL CO., LTD.  
 128820.KS : 
     
    * Says it will unload 4.7 million shares in wholly-owned 
unit, Dae Sung Celtic Co.,LTD, which is engaged in heating 
equipment 
    * Says transaction price is 33 billion won  
    * Says it will hold 10 percent stake in Dae Sung Celtic  
after the transaction  
     
     
    Source text in Korean: http://me2.do/GSv2JvRS 
    Further company coverage: 128820.KS  
 
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