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Seo Han &
Byung Yang Chung
Update Date: 10/21/08
Date Announced: 10/09/08
Value (million $USD): 2.3 million U.S. Dollar
3.18 billion Korean Won
Status: Completed
TRANSACTION DETAILS
Date Announced10/09/08
Date Originally Announced10/09/08
FormatAcq. Part. Int.Acquisition techniquesOpen Market Purchase
AttitudeFriendlyAgencyn/a
Value2.3 million U.S. Dollar
3.18 billion Korean Won
Advisor Feesn/a
SYNOPSIS
SOUTH KOREA - Mr. Byung Yang Chung acquired a 6.8% stake, or 6.015 mil ordinary shares, in Seo Han, an automobile parts manufacturer, for 3.176 bil Korean won ($2.29 mil US) in cash, in an open market transaction.
TARGET
NameSeo Han (Korea OTC : 011370)
Industriesn/a
CityTaegu
Staten/a
NationSouth Korea
Incorporated inn/a
Public StatusPublic
Business DescriptionSeo Han, located in Taegu, manufactures of automobile parts.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameByung Yang Chung
Industriesn/a
Cityn/a
Staten/a
NationSouth Korea
Incorporated inn/a
Public StatusInvestor
Business DescriptionByung Yang Chung is an investor from South Korea.
AdvisorsNULL
Acquiror Salesn/a
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