[Asia Economy Reporter Moon Hyewon] Chris F&C announced on the 11th that it will acquire 12,046,775 shares of Kookdong for 34 billion KRW.


This corresponds to 11.11% of its equity capital. After the acquisition, the shareholding ratio will be 21.82%.


The scheduled date for the stock acquisition is the 17th of next month.



Chris F&C stated that the purpose of this stock acquisition is "securing management rights."


This content was produced with the assistance of AI translation services.

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