The Korea Herald

지나쌤

Hansae acquires 40% stake of MK Trend at W119b

By 황유미

Published : July 26, 2016 - 16:47

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[DISCLOSURE] Hansae (105630) announced on July 26 that it has acquired 5,059,806 shares of MK Trend (069640) at 119 billion won (US$145.7 million), and it now owns 40 percent stake of the apparel maker. This amounts to 27.96 percent of its equity capital.