SILLA HOLDINGS CO.,LTD and four related parties acquired 57.31% stake in Silla SG Co., Ltd. from Park Jun Hyeong and four related parties.
April 30, 2014 at 12:00 am EDT
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SILLA HOLDINGS CO.,LTD and four related parties acquired 57.31% stake in Silla SG Co., Ltd. (KOSDAQ:A025870) from Park Jun Hyeong and four related parties on April 30, 2014. The buyers acquired 2.33 million shares in the transaction.
SILLA HOLDINGS CO.,LTD and four related parties completed the acquisition of 57.31% stake in Silla SG Co., Ltd. (KOSDAQ:A025870) from Park Jun Hyeong and four related parties on April 30, 2014.
SILLA SG CO., LTD. is a Korea-based company engaged in the manufacture and distribution of processed seafood and meats. The Company mainly operates in two divisions. The food manufacturing division produces crab meat, fish cakes, fish sausages, salted fish, pickled food, fish pastes and others. The wholesale and retail division distributes imported beef and pork from the United States, Australia, New Zealand and Europe to domestic market, as well as pollack roe and other aquatic products. It also involves in the leasing business for food storage use. The Company's main clients are CJ CHEILJEDANG CORP. and others.
SILLA SG CO., LTD. 
