Cherry Hill 4 Investment Association acquired 8.8% in Namyeung Vivien Corporation from KANGLIM Co., Ltd. for KRW 8 billion.
November 20, 2019
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Cherry Hill 4 Investment Association acquired 8.8% in Namyeung Vivien Corporation (KOSE:A002070) from KANGLIM Co., Ltd. (KOSDAQ:A014200) for KRW 8 billion on November 13, 2019. As per the agreement, 0.6 million shares are acquired at KRW 13,300 per share.
Cherry Hill 4 Investment Association completed the acquisition of 8.8% in Namyeung Vivien Corporation (KOSE:A002070) from KANGLIM Co., Ltd. (KOSDAQ:A014200) on November 13, 2019.
KANGLIM Co., Ltd is a Korea-based company mainly engaged in the manufacture and distribution of special vehicles and cranes. The Company operates its business in two divisions: special purpose vehicle division, which produces fire fighting trucks such as fire pumpers, chemical fire fighting trucks, water tank fire trucks, rescue trucks and others, environmental work vehicles such as road sweepers, high pressure water spray trucks, garbage compactors and others, and electrical work vehicles such as mobile generator trucks, auger cranes and others, as well as crane division, which produces stick boom cranes and knuckle boom cranes under the brand names of KS, KN and others. The Company distributes its products within domestic market and to overseas markets.
KANGLIM CO., LTD 
