Cosmax BTI Acquires Additional Cosmax Shares Worth 33.7 Billion KRW
[Asia Economy Reporter Yoo Byung-don] Cosmax BTI announced on the 15th that it will additionally acquire 327,544 shares of its cosmetics manufacturing subsidiary Cosmax for approximately 33.7 billion KRW.
After the stock acquisition, Cosmax BTI's stake in Cosmax will be 26.1%. The scheduled date for the stock acquisition is the 25th.
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Cosmax BTI stated that the purpose of this stock acquisition is "participation in a paid-in capital increase."
This content was produced with the assistance of AI translation services.
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