The Korea Herald

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Globon to sell off stake in Lee Dong Soo F&G

By 정민경

Published : July 26, 2016 - 15:15

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[DISCLOSURE] Globon (019660) announced on July 26 that it has decided to sell its 171,130 shares (28.52 percent) of Lee Dong Soo F&G for 5 billion won (US$4.40 million). 

The firm will receive an investment return of 125 percent. Globon became a stakeholder in Nov. 2014, purchasing stocks worth 2.2 billion won.