Brief: SFA Engineering to buy 31 pct stake in SNU Precision for 36.98 bln won

SFA Engineering

05/12/2016 03:59

Dec 5 (Reuters) - SFA Engineering Corp  056190.KQ  : 
     
    * Says it will buy 9.7 million shares of SNU 
PrecisionCo.,Ltd, a display firm, to strengthen competitiveness  
    * Transaction amount is 36.98 billion won 
    * Says it will hold 31.0 percent stake(9.7 million shares) 
in SNU PrecisionCo.,Ltd, after the transaction 
     
     
    Source text in Korean: https://goo.gl/Wwmrq2 
    Further company coverage:  056190.KQ  
 
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