DongYang P&F Global Service acquired 4.67% stake in DongYang P&F Co., Ltd. from Jwa-Jin Cho for approximately KRW 3 billion.
December 29, 2015 at 11:00 pm EST
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DongYang P&F Global Service acquired 4.67% stake in DongYang P&F Co., Ltd. (KOSDAQ:A104460) from Jwa-Jin Cho for approximately KRW 3 billion on December 23, 2015. DongYang P&F Global Service acquired 0.5 million shares of DongYang P&F Co., Ltd. for KRW 5973 per share.
DongYang P&F Global Service completed the acquisition of 4.67% stake in DongYang P&F Co., Ltd. (KOSDAQ:A104460) from Jwa-Jin Cho on December 23, 2015.
DYPNF Co Ltd, formerly Dong Yang P&F Co Ltd, is a Korea-based company engaged in the design and manufacturing of bulk handling systems. The Company designs, manufactures, installs and tests bulk handling systems. The Companyâs products consist of pneumatic conveying systems, mechanical conveying systems and factory automation systems, which are used for fine chemical, plastic, steel, ceramic, fertilizer, food, construction and other industries. The Company distributes its products within domestic market and to overseas markets.