Yuanta Secondary Fund 2 acquired 11.53% stake in S&D Co.,Ltd. from STI-New Growth Engines Investment Partnership for KRW 2.8 billion.
September 20, 2017
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Yuanta Secondary Fund 2 acquired 11.53% stake in S&D Co.,Ltd. (XKON:A260970) from STI-New Growth Engines Investment Partnership for KRW 2.8 billion on September 19, 2017. STI-New Growth Engines Investment Partnership will sell 0.04 million shares of S&D Co.,Ltd. at KRW 80,000 per share. STI-New Growth Engines Investment Partnership will not hold any stake in S&D Co.,Ltd. after this transaction.
Yuanta Secondary Fund 2 completed the acquisition of 11.53% stake in S&D Co.,Ltd. (XKON:A260970) from STI-New Growth Engines Investment Partnership on September 19, 2017.
S&D Co., Ltd is a Korea-based company mainly engaged in the production and sale of seasoning food materials. The Company operates its business through four segments. The Seasoning Food Material segment is involved in the manufacturing and sale of seasoning raw materials made from concentrated aquatic products. The seasonal food materials include grilled chicken concentrate, and Cheongyang red pepper seasoning powder. The Health Functional Food Material segment is involved in the manufacturing and sale of health functional food materials from natural products through biotechnology. The Bio Industry Material Segment manufactures and sells functional materials used in food, cosmetics, and drugs. The Other segment is subcontracted sale of products.
S&D CO., LTD 
