The Korea Herald

피터빈트

SM KLC to increase Samsun Logix stake to 73.8%

By 황유미

Published : Aug. 23, 2016 - 17:41

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[DISCLOSURE] SM Korea Line Corporation (005880) announced on Aug. 23 that it will acquire 5,010,606 shares of Samsun Logix at 9.34 billion won (US$8.35 million). The acquisition date is Sept. 30 and it will own 73.8 percent stake of the shipping and trading company.
(theinvestor@heraldcorp.com)