Brief: ACT to invest 1.8 bln won to set up new subsidiary named ASP

NRobotics

13/02/2017 06:43

Feb 13 (Reuters) - ACT Co Ltd  138360.KQ  : 
     
    * Says it will invest 1.8 billion won to set up a new 
subsidiary tentatively named ASP, which is engaged in industrial 
material business  
    * Says it will hold 69.2 percent stake(72,000 shares) in the 
new subsidiary  
     
     
    Source text in Korean: https://goo.gl/52Ry8R 
    Further company coverage:  138360.KQ  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: hedy.cui.reuters.com@reuters.net))