Midasdong-a Investment Co.,Ltd. along with Midasdong-a dreamhigh investment association No. 2 acquired 7.9% stake in Asia Seed Co., Ltd. for KRW 1.9 billion.
July 14, 2014 at 09:30 am IST
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Midasdong-a Investment Co.,Ltd. along with Midasdong-a dreamhigh investment association No. 2 acquired 7.9% stake in Asia Seed Co., Ltd. for KRW 1.9 billion on July 8, 2014. Under the terms of the deal, 0.48 million shares are acquired at an offer per share of KRW 4000.
Midasdong-a Investment Co.,Ltd. along with Midasdong-a dreamhigh investment association No. 2 completed the acquisition of 7.9% stake in Asia Seed Co., Ltd. for on July 8, 2014.
ASIA SEED Co.,LTD is a Korea-based company mainly engaged in the development, manufacture and sale of seeds and seedlings. The Company provides seeds and seedlings of white cabbages, red cabbages, broccolis, herbs, onions, cucumbers, corns, carrots, radishes, watermelons, tomatoes, hot peppers, eggplants, lettuces, beans, spinaches, shallots, muskmelons, pumpkins, fragrant flowered garlic, functional leafy vegetables as well as edible flowers, among others. In addition, it is involved in the provision of health care food, garden supplies and others. It also provides sprout cultivators. The Company distributes its products within domestic market and to overseas markets.
Midasdong-a Investment Co.,Ltd. along with Midasdong-a dreamhigh investment association No. 2 acquired 7.9% stake in Asia Seed Co., Ltd. for KRW 1.9 billion.