Feelux Co., Ltd acquired 2.79% stake in KANGLIM Co., Ltd. from Callars Holding Co., Ltd. for KRW 2.5 billion.
June 11, 2020
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Feelux Co., Ltd (KOSE:A033180) acquired 2.79% stake in KANGLIM Co., Ltd. (KOSDAQ:A014200) from Callars Holding Co., Ltd. for KRW 2.5 billion on June 8, 2020. Callars Holding Co., Ltd. sold 1.48 million shares at KRW 1695 per share. Prior to the transaction, Callars Holding Co., Ltd. held 15.9 million shares and after the transaction, Callars Holding Co., Ltd. holds 14.4 million shares amounting to 27.28% stake in KANGLIM Co., Ltd.
Feelux Co., Ltd (KOSE:A033180) completed the acquisition of 2.79% stake in KANGLIM Co., Ltd. (KOSDAQ:A014200) from Callars Holding Co., Ltd. on June 8, 2020.
KANGLIM Co., Ltd is a Korea-based company mainly engaged in the manufacture and distribution of special vehicles and cranes. The Company operates its business in two divisions: special purpose vehicle division, which produces fire fighting trucks such as fire pumpers, chemical fire fighting trucks, water tank fire trucks, rescue trucks and others, environmental work vehicles such as road sweepers, high pressure water spray trucks, garbage compactors and others, and electrical work vehicles such as mobile generator trucks, auger cranes and others, as well as crane division, which produces stick boom cranes and knuckle boom cranes under the brand names of KS, KN and others. The Company distributes its products within domestic market and to overseas markets.
KANGLIM CO., LTD 
