Hyundai Development Company Engineering & Construction sold 1.4% stake in Samyang Foods Co., Ltd..
October 11, 2016
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Hyundai Development Company Engineering & Construction (KOSE:A012630) sold 1.4% stake in Samyang Foods Co., Ltd. (KOSE:A003230) on October 12, 2016. Hyundai Development disposed a total of 0.11 million shares of Samyang Foods.
Hyundai Development Company Engineering & Construction (KOSE:A012630) completed the sale of 1.4% stake in Samyang Foods Co., Ltd. (KOSE:A003230) on October 12, 2016.
SAMYANG FOODS CO., LTD. is a Korea-based company engaged in the manufacture and marketing of food products. The Company mainly produces instant noodles, including packet noodles, cup noodles and bowl noodles. There are various flavors of its noodles, such as beef, chicken, pork, shrimp, mushroom, hot and others. It also provides snacks, such as corn snacks and corn chips, as well as dairy products, soy sauce and soybean paste. In addition, through its subsidiary, the Company provides cardboards, which are used for the manufacture of boxes. The Company distributes its food products within domestic market and to overseas markets.
SAMYANG FOODS CO., LTD. 
