Mondrian Investment Partners Limited and a related party acquired 5.04% stake in Pyeong Hwa Automotive Co., Ltd..
January 25, 2015 at 11:00 pm EST
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Mondrian Investment Partners Limited and a related party acquired 5.04% stake in Pyeong Hwa Automotive Co., Ltd. (KOSDAQ:A043370) on January 26, 2015. Under the terms of the agreement Mondrian Investment Partners Limited and a related party bought 1.1 million shares of Pyeong Hwa Automotive Co., Ltd.
Mondrian Investment Partners Limited and a related party completed the acquisition of 5.04% stake in Pyeong Hwa Automotive Co., Ltd. (KOSDAQ:A043370) on January 26, 2015.
PHA Co Ltd, formerly Pyeong Hwa Automotive Co Ltd is a Korea-based company mainly engaged in the manufacturing of automotive parts. The Companyâs products portfolio consists of latch assemblies, including door, seat, hood, trunk lid and tail gate latches; door module assemblies, including sealed door modules and open door modules; hinge assemblies, including door, hood and trunk lid and tail gate hinges; striker assemblies, as well as door checkers, regulator systems, power systems and others. The Company distributes its products within domestic market and to overseas markets.