Ibest Investment Company Ltd. and three related parties acquired 5.17% stake in TaeKyung Industrial Co., Ltd..
January 13, 2014 at 11:00 pm
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Ibest Investment Company Ltd. and three related parties acquired 5.17% stake in TaeKyung Industrial Co., Ltd. (KOSE:A015890) on January 14, 2014. The buyers acquired 1.5 million shares in the transaction.
Ibest Investment Company Ltd. and three related parties completed the acquisition of 5.17% stake in TaeKyung Industrial Co., Ltd. (KOSE:A015890) on January 14, 2014.
Taekyung Industrial. Co. Ltd. is a Korea-based company mainly engaged in the manufacture of ferroalloys and calcium carbonates. The Company operates in six segments together with its affiliates. Its ferroalloy segment produces high carbon ferromanganese and silicon manganese used as deoxidizers in the process of making steel products. Its calcium carbonate segment produces high vitality calcium hydroxides, quicklime refineries and others. Its carbon dioxide segment produces liquid carbon dioxides used for beers, carbonated drinks, refrigerants and shipbuilding welding agents. Its bulbs segment produces bulbs used for automobile high definitions (HDs), automobile light emitting dioxides (LEDs) and lightings. Its expressway service segment operates gas stations and rest areas. It also involves in the provision of carbides and warehouse leasing services.