An unknown buyer acquired 3.85% stake in Hanjin Transportation Co., Ltd. from Chosun Refractories Co.,Ltd. for KRW 24.5 billion.
January 02, 2019
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An unknown buyer acquired 3.85% stake in Hanjin Transportation Co., Ltd. (KOSE:A002320) from Chosun Refractories Co.,Ltd. (KOSE:A000480) for KRW 24.5 billion on December 26, 2018. A total of 0.46 million shares will be acquired for KRW 53155 per share. Chosun Refractories Co.,Ltd. will hold 0.12 million shares after the deal.
An unknown buyer completed the acquisition of 3.85% stake in Hanjin Transportation Co., Ltd. (KOSE:A002320) from Chosun Refractories Co.,Ltd. (KOSE:A000480) on December 26, 2018.
CR Holdings Co Ltd, formerly Chosun Refractories Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of refractory materials. The Company operates its business through four segments. The Refractory Manufacturing segment is engaged in the manufacture and sale of unburned bricks, fused bricks, irregular shape refractory products as well as others. The Machine Part Manufacturing segment is engaged in the manufacture and sale of automobile engine parts, transmissions parts, refrigerator compressor parts, heavy equipment parts and others. The Golf Course segment is engaged in the membership golf course operation business. The Other segment is engaged in the business support business.