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DIO to build joint company in Shanghai, investing W278m

Aug. 18, 2016 - 10:48 By 박윤아
[DISCLOSURE] DIO (039840) said on Aug. 18 it has decided to invest 278.5 million won (US$251,800) to build a joint corporation, DIO FO Medical Instrument, in cooperation with Shanghai Foshion Medical Systems, a local dental company in Shanghai. It will own 51 percent stake in the company.

The investment cost is equivalent to 0.33 percent of the DIO’s equity capital.