Pyung Hwa Holdings Co., Ltd. and two unknown buyers acquired an additional 6.7% stake in Pyung Hwa Anti-Vibration System Co., Ltd..
November 07, 2013 at 11:00 pm EST
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Pyung Hwa Holdings Co., Ltd. (KOSE:A010770) and two unknown buyers acquired an additional 6.7% stake in Pyung Hwa Anti-Vibration System Co., Ltd. (KOSE:A101990) on November 8, 2013. Pyung Hwa Holdings Co. and two unknown buyers acquired 1.4 million shares of Pyung Hwa Anti-Vibration System Co. Pursuant to the transaction, the buyers collectively increased their stake from 76.62% to 83.32%.
Pyung Hwa Holdings Co., Ltd. (KOSE:A010770) and two unknown buyers completed the acquisition of an additional 6.7% stake in Pyung Hwa Anti-Vibration System Co., Ltd. (KOSE:A101990) on November 8, 2013.
Pyung Hwa Holdings Co., Ltd. is a Korea-based holding company mainly engaged in the management of its subsidiaries. The Company's subsidiaries consist of PYUNG HWA ANTI-VIBRATION SYSTEM CO., LTD., which is engaged in the manufacture of automobile components such as shockproof products; PYUNG HWA INDUSTRIAL CO., LTD, which is mainly engaged in manufacture of automobile components such as hoses; PYUNGHWA OIL SEAL IND.CO.,LTD, which is engaged in the manufacture of oil seals and o-rings products; PYUNG HWA KI GONG CO., LTD. which is engaged in the manufacture of automobile presses and other parts; PYUNG HWA CARBON MASTER BATCH Co., Ltd., which is engaged in the manufacture of compounded rubbers, and PyungHwa ENG. CO.,LTD., which is engaged in manufacture of molds, machines and others.
PYUNG HWA HOLDINGS CO., LTD. 
