Sook-Wan Ahn acquired an additional 0.29% stake in Kukdong Oil & Chemicals Co., Ltd. from Ibest Investment Company Ltd. for approximately KRW 330 million.
April 21, 2015 at 12:00 am EDT
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Sook-Wan Ahn acquired an additional 0.29% stake in Kukdong Oil & Chemicals Co., Ltd. (KOSE:A014530) from Ibest Investment Company Ltd. for approximately KRW 330 million on April 16, 2015. Ibest Investment Company Ltd. sold 0.01 million shares at the price of KRW 32,500 per share and reduced its holding to 0.74 million shares.
Sook-Wan Ahn completed the acquisition of an additional 0.29% stake in Kukdong Oil & Chemicals Co., Ltd. (KOSE:A014530) from Ibest Investment Company Ltd. on April 16, 2015.
Kukdong Oil & Chemicals Co.,Ltd is a Korea-based company mainly engaged in the manufacturing of lubricants, waterproofing sheets, liquefied petroleum gas (LPG) and asphalt products. The lubricants include industrial lubricants, metal working fluid, process oil, liquid paraffin, greases and paraffin waxes used for industrial machines, cosmetics, pharmaceuticals, rubber mixture and others. The waterproofing sheets are mainly used in construction sector. The LPG is used for heating systems and automobiles. The asphalt products are used in construction and automobiles. The Company distributes its products within domestic market and to overseas markets.
Sook-Wan Ahn acquired an additional 0.29% stake in Kukdong Oil & Chemicals Co., Ltd. from Ibest Investment Company Ltd. for approximately KRW 330 million.
KUKDONG OIL & CHEMICALS CO.,LTD 
