Send E-mail
  • Daehwa Pharma to invest W4.33b, to wholly own its affiliate
    Daehwa Pharma to invest W4.33b, to wholly own its affiliate
    Daehwa Pharmaceutical (067080) announced on July 26 that it will acquire 866,537 shares of its affiliate Redox Bio at 4.33 billion won (US$3.81 million). This amounts to 7.02 percent of its equity capital and will be done by participating in a capital increase allocated to a shareholder. It will wholly own the bio medical equipment manufacturing affiliate.
From
Send to
Close Send

Daehwa Pharma to invest W4.33b, to wholly own its affiliate

July 26, 2016 - 16:56 By 황유미
[DISCLOSURE] Daehwa Pharmaceutical (067080) announced on July 26 that it will acquire 866,537 shares of its affiliate Redox Bio at 4.33 billion won (US$3.81 million). This amounts to 7.02 percent of its equity capital and will be done by participating in a capital increase allocated to a shareholder. It will wholly own the bio medical equipment manufacturing affiliate.
Most Popular