Brief: INZI CONTROLS stake INZI CONTROLS ALABAMA in to rise to 91.7 pct for 10.5 bln won injection

Inzi Controls

19/08/2016 08:15

Aug 19 (Reuters) - INZI CONTROLS CO.,LTD   023800.KS : 
     
    * Says it plans to acquire 950,000 shares in INZI CONTROLS 
ALABAMA,INC, an auto parts provision co, via 10.5 billion won 
capital injection  
    * Says it will hold 91.7 percent stake in INZI CONTROLS 
ALABAMA after the transaction  
     
     
    Source text in Korean: http://goo.gl/WY53yz 
    Further company coverage: 023800.KS  
 
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