Brief: Orient Precision Industries to buy stake in Orient Electronics for 5.0 bln won
March 29 (Reuters) - Orient Precision Industries Inc
065500.KQ :
* Says it will buy 2.3 million shares of Orient Electronics
for 5.0 billion won
* Says it will hold 92.1 percent stake(7.7 million shares)
in Orient Electronics after transaction
Source text in Korean: https://goo.gl/DVcNtZ
Further company coverage: 065500.KQ
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))
Recent news on Orient Precision Industries
See all newsBrief: Orient Precision Industries Inc - Planned Disposal Of 16,358 Common Shares
Brief: Orient Precision Industries issues 4th tranche convertible bonds worth 2 bln won
Brief: Orient Precision Industries to raise 6.1 bln won via private placement
Brief: Orient Precision Industries lowers conversion price of 7th series bonds to 766 won/share
Brief: Orient Precision Industries says subscription results of private placement