Tranche Update on MH Ethanol Co.,Ltd.'s Equity Buyback Plan announced on November 28, 2017.
December 20, 2017 at 07:17 am
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From November 28, 2017 to December 18, 2017, the company has repurchased 208,526 shares, representing 2.93% for KRW 1,367.83 million. With this, the company has completed the repurchase of 208,526 shares, representing 2.93% for KRW 1,367.83 million under the buyback announced on November 28, 2017.
MH ETHANOL CO., LTD. is a Korea-based company mainly engaged in the manufacture and distribution of alcoholics. The Company produces fermented alcoholics and refined alcoholics, which are used for making distilled spirits. It is also engaged in the production of bio-ethanol and alcohols used for fuels through its subsidiary MH Bio Energy, and tapioca chips and roots used for bio-ethanol manufacturing through its subsidiary CJ Cambodia. The Company also involves in the distillation machinery and facility manufacturing through its affiliated company MH Bio-Tech. In addition, it involves in the real estate rental business. The Company distributes its products within domestic market and to overseas market.