Brief: HLB Power to buy 69.8 pct stake in energy storage firm for 2.25 bln won

TS Nexgen

02/01/2017 04:20

Jan 2 (Reuters) - HLB Power Co Ltd  043220.KQ  : 
     
    * Says it will buy 111,386 shares of an energy storage 
system(ESS) company for 2.25 billion won, to expand new business 
    * Says it will hold 69.8 percent stake(111,386 shares) in 
the ESS company after the transaction 
     
     
     
    Source text in Korean: https://goo.gl/wsg4EZ 
    Further company coverage:  043220.KQ  
 
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