E-World Co., Ltd. sold 49.6% stake in ELAND CRUISE Co.,Ltd.
December 28, 2014 at 11:00 pm EST
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E-World Co., Ltd. (KOSE:A084680) sold 49.6% stake in ELAND CRUISE Co.,Ltd. on December 29, 2014. E-World Co., Ltd. sold 1.15 million shares. ELAND CRUISE Co.,Ltd. had total assets of KRW 21.22 billion and total stakeholder's liability of KRW 25.78 billion. Board of Directors of E-World Co., Ltd. made a resolution in favor of the transaction on December 29, 2014.
E-World Co., Ltd. (KOSE:A084680) completed the sale of 49.6% stake in ELAND CRUISE Co.,Ltd. on December 29, 2014.
E-WORLD CO.,LTD. is a Korea-based company engaged in the operation of amusement facilities. The Company operates amusement facilities such as ghost houses, aladdins, flume rides, Andersen house, Vikings, tambourines, sky cabs, roller coasters, merry-go-round, eagle formations, bumper cars, boomerangs, balloons travels, flying elephant, mini Vikings, magic trains, jumping frogs, dancing airplanes, mini cars, camel backs, top spins, ice rinks and animal farms, as well as 83 tower. It also holds four seasons flower festivals and seasonal festivals such as summer night festival, autumn chrysanthemum festival, winter white festival and others. The Companyâs affiliated company is engaged in the operating of cruise ships, inland marine transportation, food service business and cooking retail business.