Daito Koun Co., Ltd. acquired additional 13% stake in Dongbo Corporation from Kim Sun-Jun.
November 04, 2018
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Daito Koun Co., Ltd. (JASDAQ:9367) acquired additional 13% stake in Dongbo Corporation from Kim Sun-Jun on November 5, 2018. A total of 1,950 shares were acquired as part of the deal. Kim Sun-Jun will hold 54% stake in Dongbo Corporation after the deal compared to 67% stake held earlier. Board of Daito Koun Co., Ltd. resolved in favor of the deal.
Daito Koun Co., Ltd. (JASDAQ:9367) completed the acquisition of additional 13% stake in Dongbo Corporation from Kim Sun-Jun on November 5, 2018.
DAITO KOUN CO., LTD. is principally engaged in imported and exported cargo handling business and steel logistics business. The Company operates in three business segments. The Imported and Exported Cargo Handling segment engages in the customs clearance, transportation and storage of imported and exported goods such as food, steel and nonferrous metals, chemical industrial goods, machineries and daily goods. The Steel Logistics segment engages in cargo handling, storage and delivery of domestic steel products. The Other segment engages in harbor transportation, other domestic logistics operations, warehousing operations, real estate leasing and others.