Brief: U-Tech to buy stake in chemistry firm for 5 bln won

IlWoul GML Co

05/12/2016 09:15

Dec 5 (Reuters) - U-Tech Co Ltd  178780.KQ  : 
 
    * Says it will buy 500,000 shares of a chemistry and signal 
equipment firm, to expand new business  
    * Says transaction amount is 5 billion won 
    * Says it will hold 21.7 percent stake(916,666 shares) in 
the chemistry company, after the transaction  
     
     
    Source text in Korean: https://goo.gl/RmLGSg 
    Further company coverage:  178780.KQ  
 
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