Youwang Co., Ltd. acquired 0.74% stake in Dongwon Fisheries Co., Ltd. from Kyung-Im Park for approximately CNY 230 million.
June 04, 2015
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Youwang Co., Ltd. acquired 0.74% stake in Dongwon Fisheries Co., Ltd. (KOSE:A030720) from Kyung-Im Park for approximately KRW 230 million on June 2, 2015. Youwang Co., Ltd. acquired 0.03 million shares of Dongwon Fisheries for KRW 7580 per share.
Youwang Co., Ltd. completed the acquisition of 0.74% stake in Dongwon Fisheries Co., Ltd. (KOSE:A030720) from Kyung-Im Park on June 2, 2015.
Dong Won Fisheries Co Ltd is a Korea-based company specialized in marine products processing, distribution business. The Company operates its business through three segments. The Marine Products segment mainly provides tunas from its deep-sea fishing. The Marine Products Distribution segment is engaged in the distribution of seafood products. The Grain Manufacturing segment mainly provides breadcrumbs and frozen seafood products. The Company also engages in the rental business. The Company distributes its products within domestic market and to overseas markets.