TONYMOLY Co.,Ltd. cancelled the acquisition of land and building measured 13,152 square meters in Gyeonggi from Gyeonggi Hwaseong Bio Valley Co., Ltd.
July 22, 2016
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TONYMOLY Co.,Ltd. (KOSE:A214420) agreed to acquire land and building measured 13,152 square meters in Gyeonggi from Gyeonggi Hwaseong Bio Valley Co., Ltd. for KRW 5.9 billion in cash on July 23, 2015. The acquisition is expected to settle by June 30, 2016.
TONYMOLY Co.,Ltd. (KOSE:A214420) cancelled the acquisition of land and building measured 13,152 square meters in Gyeonggi from Gyeonggi Hwaseong Bio Valley Co., Ltd. on July 23, 2016.
TONYMOLY CO., LTD is a Korea-based company principally engaged in development, manufacture and distribution of cosmetic products. The Company mainly manufactures skin care products, makeup products and cosmetic related accessories including brushes, containers, mirrors and others. The Company mainly sells products under brand name of TONYMOLY. And the Company distributes its cosmetic products through specialty stores, department stores, online shopping malls and others, as well as to overseas markets.