Brief: Songwon Industrial to sell its entire stake in Songwon Holdings AG for 76.09 bln won

Songwon Industrial

25/11/2016 05:57

Nov 25 (Reuters) - Songwon Industrial Co Ltd  004430.KS  : 
 
    * Says it will sell 9,000 shares of Songwon Holdings AG, a 
Switzerland investment company, to improve management efficiency 
    * Says transaction amount is 76.09 billion won 
    * Says it will hold 0 percent stake in Songwon Holdings AG 
after the transaction  
 
    Source text in Korean: https://goo.gl/PWw5Qc 
    Further company coverage:  004430.KS  
 
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