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BRIEF-Nexon GT to buy 99.9 pct stake in Jungang Pangyo Development for 28.83 bln won
August 31, 2017 / 6:41 AM / 3 months ago

BRIEF-Nexon GT to buy 99.9 pct stake in Jungang Pangyo Development for 28.83 bln won

Aug 31 (Reuters) - Nexon GT Co Ltd :

* Says it plans to buy 81.5 million shares of Jungang Pangyo Development, a real estate company, for 28.83 billion won

* Says it will hold 99.9 percent stake(81.5 million shares) in target company after transaction

Source text in Korean: goo.gl/LyCrGT

Further company coverage: (Beijing Headline News)

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