Brief: KEYANG ELECTRIC MACHINERY to sell 8.4 pct stake in HAESUNG DS
10/05/2016 09:10
May 10 (Reuters) - KEYANG ELECTRIC MACHINERY CO.,LTD
012200.KS :
* Says it to sell 8.4 percent stake (1.3 million shares) in
HAESUNG DS Co., Ltd., which is engaged in semiconductor
substrate making and sales business, to improve efficiency
* Says transaction amount of 10 billion won
* To hold a 10.9 pct stake (1.6 million shares) in target
company after the transaction
Source text in Korean: http://goo.gl/0PzUS9
Further company coverage: 012200.KS
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Keywords: KEYANG ELECTRIC/BRIEF