Taekwang Industrial Acquires 2.22 Million Shares of TL Chemical... 60% Stake
[Asia Economy Reporter Lee Seon-ae] Taekwang Industrial announced on the 2nd that it will acquire 2.22 million shares of TL Chemical (tentative name), a subsidiary established in joint venture with LG Chem, in cash. The acquisition amount is 72.86 billion KRW, and the post-acquisition shareholding ratio is 60%. This corresponds to 2.18% of its equity capital, and the scheduled acquisition date is September 30.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
