The Korea Herald

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Pumyang Construction to invest US$8.4m in Dongbu M&A

By 황유미

Published : June 28, 2016 - 08:29

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[DISCLOSURE] Pumyang Construction (002410) has decided to purchase 10 billion shares issued by Keystone Ecoprime PEF for 10 billion won (US$8.4 million), it announced on June 27. This amounts to 23 percent of its equity capital. The PEF has been created to take over Dongbu Corporation.