Brief: Osung LST to buy 8.06 pct stake in S-MAC for 13 bln won
Nov 2 (Reuters) - Osung LST Co Ltd 052420.KQ :
* Says it plans to buy 11.7 million shares(8.06 percent) of
S-MAC,
a Touch Screen Module, Key Module manufacturing company, for 13
billion won
* It will hold 8.06 percent stake in target company after
transaction
Source text in Korean: https://goo.gl/u8pL3r
Further company coverage: 052420.KQ
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))
Recent news on Osung Advanced Materials
See all newsBrief: Osung Advanced Materials To Cancel 5 Billion Won Worth Of Own Shares
Brief: Osung Advanced Materials To Conduct Capital Increase Of 5 Billion Won For Operational Funds
S.Korea's marijuana-linked firms surge after Canada legalises drug
Brief: Osung Advanced Materials lowers exercise price of 20th series bonds with warrants to 3,500 won/share
Brief: Osung Advanced Materials raises 10 bln won in private placement