Sook-Wan Ahn acquired an additional 0.57% stake in Kukdong Oil & Chemicals Co., Ltd. from Ibest Investment Company Ltd. for approximately KRW 620 million.
April 20, 2015
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Sook-Wan Ahn acquired an additional 0.57% stake in Kukdong Oil & Chemicals Co., Ltd. (KOSE:A014530) from Ibest Investment Company Ltd. for approximately KRW 620 million on April 15, 2015. Ibest Investment Company Ltd. sold 0.02 million shares at the price of KRW 31,000 per share.
Sook-Wan Ahn completed the acquisition of an additional 0.57% stake in Kukdong Oil & Chemicals Co., Ltd. (KOSE:A014530) from Ibest Investment Company Ltd. on April 15, 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 0.57% stake in Kukdong Oil & Chemicals Co., Ltd. from Ibest Investment Company Ltd. for approximately KRW 620 million.