Dongwon Fisheries Co., Ltd. cancelled the sale of 10% stake in Weihai Dong Won Food Co., Ltd.
September 25, 2015 at 09:30 am IST
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Dongwon Fisheries Co., Ltd. (KOSE:A030720) agreed to sell 10% stake in Weihai Dong Won Food Co., Ltd. for $5.2 million on September 25, 2014. A resolution was passed by the Board of Directors of Dongwon Fisheries on September 25, 2014.
Dongwon Fisheries Co., Ltd. (KOSE:A030720) cancelled the sale of 10% stake in Weihai Dong Won Food Co., Ltd. on September 25, 2015.
Dong Won Fisheries Co Ltd is a Korea-based company specialized in marine products processing, distribution business. The Company operates its business through three segments. The Marine Products segment mainly provides tunas from its deep-sea fishing. The Marine Products Distribution segment is engaged in the distribution of seafood products. The Grain Manufacturing segment mainly provides breadcrumbs and frozen seafood products. The Company also engages in the rental business. The Company distributes its products within domestic market and to overseas markets.
DONG WON FISHERIES CO., LTD. 
