Brief: KG Mobilians to raise its stake to 78.5 pct in KG Passone for 29.34 bln won

KG Financial Co

15/03/2017 09:34

March 15 (Reuters) - KG Mobilians Co Ltd  046440.KQ  : 
     
    * Says it will buy 6.9 million shares of KG Passone, an 
internet program firm, for 29.34 billion won  
    * Says it will raise its stake in the target company up to 
78.5 percent stake(14.4 million shares) after the transaction  
     
     
    Source text in Korean: https://goo.gl/SuRHRK 
    Further company coverage:  046440.KQ  
 
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