SHARING CONTENT ABOUT: PRIVATE EQUITY VENTURE CAPITAL HEDGE FUNDS INVESTMENT BANKING, AND HOLLYWOOD
Resilient Media Entertainment
Friday, April 27, 2012
Dong Nam Chemical Sells Stake in Daehan Parkerizing
According to this report by MK Business, Dong Nam Chemical has sold a 20.14 percent stake in Daehan Parkerizing to Nihon Parkerizing for 8.9 billion won. According to the article, the sale was undertaken as a part of Dongnam’s restructuring and capital raising efforts. Nihon Parkerizing already owned a 50 percent stake in Daehan. Dong Nam Chemical recorded sales of 59.7 billion won and operating profits of 1.5 billion won in 2011. CONTINUE READING AS YOU ENTER THE WORLD @KOREAPE
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