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BG T&A takes over its Philippine affiliate for larger production facility

June 21, 2016 - 13:59 By 황유미
[DISCLOSURE] BG T&A (046310) will take over 1,018,726 shares of its affiliate Baek Geum Philippines for 2.6 billion won (US$2.2 million) to enlarge its production facility, it announced on June 21. This amounts to 11.08 percent of its equity capital and the company now owns 99.98 percent of the Philippine affiliate.