Dayou Smart Aluminium Co., Ltd. acquired 1.7% stake in Dayou A-Tech Co.,Ltd from Dayou Plus Co., Ltd. for KRW 1.7 billion.
December 11, 2017
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Dayou Smart Aluminium Co., Ltd. acquired 1.7% stake in Dayou A-Tech Co.,Ltd (KOSE:A002880) from Dayou Plus Co., Ltd. (KOSE:A000300) for KRW 1.7 billion on December 7, 2017. As per terms, 1.5 million shares are acquired at KRW 1135 per share. Post completion, Dayou Plus Co., Ltd. holds 4.5 million shares in Dayou A-Tech Co.,Ltd.
Dayou Smart Aluminium Co., Ltd. completed the acquisition of 1.7% stake in Dayou A-Tech Co.,Ltd (KOSE:A002880) from Dayou Plus Co., Ltd. (KOSE:A000300) on December 7, 2017.
DH Autolead Co Ltd, formerly Dayou AP Co Ltd, is a Korea-based company principally engaged in the production and sale of steering wheels. The Company is engaged in the production and sale of leather and polyurethane (PU) steering handles and other products. In addition, the Company is engaged in the production and sale of steering wheel related accessories including horn caps and swithes.