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NICE subsidiary sells off entire W54b stake in KIS to Moody’s
By 황유미Published : July 19, 2016 - 10:10
[DISCLOSURE] NICE (034310) announced on July 19 that its subsidiary NICE Infra has sold the entire 499,999 shares of Korea Investors Service to Moody’s Singapore for 53.97 billion won (US$47.51 million) on July 18 to improve financial liquidity.
NICE Infra also sold 145,600 shares of KIS Pricing, a subsidiary of Korea Investors Service, to the ratings agency for 5 billion won on the same day, it announced in a separate statement.
NICE Infra also sold 145,600 shares of KIS Pricing, a subsidiary of Korea Investors Service, to the ratings agency for 5 billion won on the same day, it announced in a separate statement.
