MOBO Co., Ltd. sold 1.84% stake in KB Metal Co., Ltd. for KRW 1.2 billion.
September 04, 2015 at 12:00 am
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MOBO Co., Ltd. sold 1.84% stake in KB Metal Co., Ltd. (KOSDAQ:A024840) for KRW 1.2 billion on September 1, 2015. MOBO Co., Ltd. is selling 1.9 million shares of KB Metal Co., Ltd.
MOBO Co., Ltd. completed the sale of 1.84% stake in KB Metal Co., Ltd. (KOSDAQ:A024840) on September 1, 2015.
KBI METAL CO., LTD., formerly KB METAL CO., LTD., is a company mainly engaged in the production and sale of copper wires. Along with subsidiaries, the Company operates its business through three segments. The Metal Business segment is mainly involved in the manufacturing and sale of copper wires used in wires. The Electric Field Business segment is mainly engaged in the manufacturing and sale of cores used in automobiles, electric and electronic products; generators used in heavy equipment and industrial machineries; and other products related with electric field. The Cable Business segment is mainly involved in the production and supply of wires.
KBI METAL CO., LTD. 