Yesco Holdings Co., Ltd. acquired the remaining 30.2% stake in Daehan GM Corporation for KRW 1.6 billion.
October 09, 2019
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Yesco Holdings Co., Ltd. (KOSE:A015360) acquired the remaining 30.2% stake in Daehan GM Corporation for KRW 1.6 billion on October 8, 2019. Under the terms, Yesco Holdings Co., Ltd. acquired 0.23 million shares in Daehan GM Corporation at KRW 6989 per share.
Yesco Holdings Co., Ltd. (KOSE:A015360) completed the acquisition of the remaining 30.2% stake in Daehan GM Corporation on October 8, 2019.
Yesco Holdings Co., Ltd., formerly YESCO CO.,LTD., is a Korea-based company mainly engaged in the provision of city natural gas. The Company operates its business through five divisions: city gas division, which provides liquefied natural gas (LNG) and compressed natural gas (CNG), as well as gas meters and gas piping works; construction and precast concrete (PC) division, which engages in the construction materials manufacturing, civil engineering construction and housing rental and sale business; flange division, which produces wood drums and other electrical cable packaging supplies; television (TV) division, which mainly manufactures digital TV cases and vibration motors, and other division, which provides automobile internal materials and others.