Gyeongin Electronics Sells Entire Stake in KID Development
[Asia Economy Reporter Lee Seon-ae] Kyungin Electronics announced on the 14th that it has disposed of all 18,000 shares of its affiliate KID Development.
The disposal amount was 5.1 billion KRW, which corresponds to 8.56% of the company's equity capital.
Hot Picks Today
"Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- "Striking Will Lead to Regret": Hyundai-Kia Employees Speak Out... Uneasy Stares Toward Samsung Union
- Man in His 40s Who Kept Girlfriend's Body for a Year After Murder Sentenced to 30 Years in Prison Again on Appeal
- Despite Captivating the Nation for Over a Month... "Timmy" the Whale Ultimately Found Dead
- "If You Booked This Month, You Almost Lost Out... Why You Should Wait Until 'This Day' Before Paying for Flight Tickets"
The company stated, "This is for the recovery of investment funds due to the liquidation of the investment company."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.