Brief: MBK to divest Cheonan factory into new wholly owned subsidiary

EcoGlow

16/01/2017 06:16

Jan 16 (Reuters) - MBK Co Ltd  159910.KQ  : 
     
    * Says it will divest Cheonan factory into a new wholly 
owned subsidiary named CMDL Co.,Ltd, to establish responsibility 
management system  
    * Says the new subsidiary is engaged in OLED used organic 
material OEM manufacturing business 
    * Expected divestiture date is March 2 
     
     
    Source text in Korean: https://goo.gl/SNTzLF 
    Further company coverage:  159910.KQ  
 
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