Decision on acquiring an affiliates shares Read 0|2017.08.14 | |
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1. Profile of the investee - Company name: CJ LOGISTICS DO BRASIL LTDA, a subsidiary in Brazil - CEO: Hong Sung-eun - Paid-in capital: KRW 2,872,767,248 - Main business: Logistics 2. Details of acquisition - Number of shares to be acquired: - - Amount of acquisition: KRW 252,186 million (4.2% of total equity) 3. Ownership after the acquisition: 100% ownership 4. Method of acquisition: Joining capital increase 5. Purpose: Securing capital for acquiring Brazil-based Selecta Ltda. 6. Date of acquisition: Aug. 16, 2017 7. Date of conclusion by the BOD: Aug. 14, 2017 (4 outside directors attended.) |
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