[Asia Economy Reporter Lee Seon-ae]
◆ Iljin Materials = Subsidiary IMG Technology has decided to acquire convertible bonds worth 250 billion KRW of its subsidiary IMM TECHNOLOGY SDN. BHD.
◆ Namyang Dairy Products = Han & Co 19th has filed a provisional injunction to prohibit the exercise of voting rights against the largest shareholders (Hong Won-sik and 2 others)
◆ HMM = Decided to provide collateral worth 669 billion KRW to three special purpose companies of GS Energy
◆ KC Cottrell = Signed a contract with Doosan Heavy Industries for coal-fired power plant ash and desulfurization treatment facility construction worth 40.3 billion KRW
◆ Dasco = Contract termination due to transfer of Doyang Enterprise for landfill work and auxiliary construction material supply contract worth 2.8 billion KRW with Daewoo Construction
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◆ Hanchang = Subsidiary Hanyeon Development decided on a rights offering of 13,618 common shares; Hanchang decided to acquire 13,618 shares of Hanyeon Development through conversion of loan to equity
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