One Days International, Plan Korea, Gemstone Fund 1, and Dahae F&C acquired 33% stake in Daeho Al Co.,Ltd. from Daeho Hitec Co.,Ltd. for KRW 19 billion.
September 16, 2019
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One Days International, Plan Korea, Gemstone Fund 1, and Dahae F&C acquired 33% stake in Daeho Al Co.,Ltd. (KOSE:A069460) from Daeho Hitec Co.,Ltd. for KRW 31.3 billion on September 10, 2019. One Days International acquired 5.5 million shares at KRW 3500 per share. One Days International will use own fund to acquire the stake.
One Days International, Plan Korea, Gemstone Fund 1, and Dahae F&C completed the acquisition of 33% stake in Daeho Al Co.,Ltd. (KOSE:A069460) from Daeho Hitec Co.,Ltd. on September 10, 2019.
DAEHO AL CO.,LTD. is a Korea-based company mainly engaged in the manufacturing and distribution of aluminum products. The Company mainly provides aluminum circle sheets, which are used for kitchenware, and aluminum coils used for electricity and electronic products and automobile parts. It is also engaged in the provision of steel products for construction and structural products. In addition, the Company is involved in the processing business for railroad cars. The Company distributes its products within domestic market and to overseas markets.
One Days International, Plan Korea, Gemstone Fund 1, and Dahae F&C acquired 33% stake in Daeho Al Co.,Ltd. from Daeho Hitec Co.,Ltd. for KRW 19 billion.