The Korea Herald

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TS sells TS Bank stake worth W88.5b

By 황유미

Published : July 19, 2016 - 17:51

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[DISCLOSURE] TS Corporation (001790) will sell 200,000 shares of its affiliate TS Bank at 88.5 billion won (US$77.9 million) to improve financial structure and revamp business structure, it announced on July 19. This amounts to 20.83 percent of its equity capital.