Brief: Curocom to buy shares in Daekyung Machinery & Engineering for 25.91 bln won

DKME

05/07/2017 09:26

July 5 (Reuters) - Curocom Co Ltd  040350.KQ  : 
     
    * Says it will buy 37 million shares in Daekyung Machinery & 
Engineering Co Ltd  015590.KS  for 25.91 billion won 
    * Says it will hold 40.8 percent stake in Daekyung Machinery 
& Engineering after the transaction 
    * Says expected transaction date is July 5 
     
     
    Source text in Korean: https://goo.gl/49typo 
    Further company coverage:  040350.KQ  015590.KS  
 
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; Reuters Messaging: 
Yinglan.Ma@thomsonreuters.com@reuters.net))