Brief: Forward Companies to buy stake in Sangji Construction & Management for 3.86 bln won

Sangji Construction

16/08/2017 11:04

Aug 16 (Reuters) - Forward Companies Inc  042940.KQ  : 
     
    * Says it plans to buy 420,000 shares of Sangji Construction 
& Management from an electronic component company, for 3.86 
billion won  
    * Says it will hold 50.11 percent stake(666,498 shares) in 
target company after transaction  
     
    Source text in Korean: https://goo.gl/M5rzc3 
    Further company coverage:  042940.KQ  
 
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