Brief: Kye-Ryong Construction Industrial to buy 99.9 pct stake in Ccotdam Leisure for 55.89 bln won

Kye-Ryong Construction Industrial

12/01/2017 07:40

Jan 12 (Reuters) - Kye-Ryong Construction Industrial Co Ltd 
 013580.KS  : 
     
    * Says it plans to buy 5.2 million shares of Ccotdam Leisure 
Co Ltd, a golf course firm, due to approval of turnaround plan 
of Ccotdam Leisure Co Ltd 
    * Says it will hold 99.9 percent stake(5.2 million shares) 
in Ccotdam Leisure Co Ltd after the transaction  
    * Transaction amount is 55.89 billion won  
     
     
    Source text in Korean: https://goo.gl/kCCqn4 
    Further company coverage:  013580.KS  
 
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