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Soulbrain terminates contract for W5b treasury stock repurchase

Sept. 19, 2016 - 16:28 By 윤정현
[DISCLOSURE] Soulbrain (036830), a manufacture and distribution company of chemical materials used in semiconductors and displays, announced on Sept. 19 that it has terminated a trust contract to repurchase stocks worth 5 billion won (US$4.4 million) with Mirae Asset Daewoo, as the contract has expired.

After the termination, the trusted stocks will be exchanged with cash.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)