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 |
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| Status: Completed | |
| TRANSACTION DETAILS |
| Date Announced | 10/09/08 | | |
| Date Originally Announced | 10/09/08 | | |
| Format | Acq. Part. Int. | Acquisition techniques | Open Market Purchase |
| Attitude | Friendly | Agency | n/a |
| Value | 2.3 million U.S. Dollar 3.18 billion Korean Won | Advisor Fees | n/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 |
| Name | Seo Han (Korea OTC : 011370) |
| Industries | n/a |
| City | Taegu |
| State | n/a |
| Nation | South Korea |
| Incorporated in | n/a |
| Public Status | Public |
| Business Description | Seo Han, located in Taegu, manufactures of automobile parts. |
| Advisors | NULL |
| Target Sales | n/a |
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| ACQUIROR |
| Name | Byung Yang Chung |
| Industries | n/a |
| City | n/a |
| State | n/a |
| Nation | South Korea |
| Incorporated in | n/a |
| Public Status | Investor |
| Business Description | Byung Yang Chung is an investor from South Korea. |
| Advisors | NULL |
| Acquiror Sales | n/a |
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