Brief: Telcon unit VivoZon to buy 6.9 pct stake in KPM Tech for 11.26 bln won

Telcon RF Pharmaceutical

01/11/2016 08:10

Nov 1 (Reuters) - Telcon Inc  200230.KQ  : 
     
    * Says its unit VivoZon will buy 6.9 percent stake(766,000 
shares) in KPM Tech Co Ltd  042040.KQ , a chemical products 
firm, for business synergy and diversity  
    * Says its unit VivoZon will hold 6.9 percent stake in KPM 
Tech Co Ltd, after the transaction  
    * Transaction amount is 11.26 billion won and expected 
transaction settlement date is Nov. 2 
     
    Source text in Korean: https://goo.gl/aI56u9 
    Further company coverage:  200230.KQ  042040.KQ  
 
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