Brief: Kiswire to buy stake in Kiswire Hongkong Holding for 73.07 bln won
17/11/2016 09:13
Nov 17 (Reuters) - Kiswire Co Ltd 002240.KS :
* Says it will acquire 1.27 billion shares of Kiswire
Hongkong Holding Ltd, China-based holding company, to improve
its holding structure and management efficiency
* Says transaction amount is 73.07 billion won
* Says it will hold 49.1 percent stake(1.30 billion shares)
in Kiswire Hongkong Holding Ltd, after the transaction
Source text in Korean: https://goo.gl/ccYXsq
Further company coverage: 002240.KS
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))