Chosun Refractories Acquires 500,000 Shares of Affiliate for 54.7 Billion KRW
[Asia Economy Reporter Lim Hye-seon] Chosun Refractories announced on the 26th that it will acquire 500,000 shares of its plant construction affiliate Chosun Refractories ENG for approximately 43.7 billion KRW. Chosun Refractories' stake in Chosun Refractories ENG will become 100%. The scheduled date for the stock acquisition is the 31st.
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Chosun Refractories stated, "This is a measure to create synergy effects for facility investment, operations, and new recycling businesses."
This content was produced with the assistance of AI translation services.
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