Korea Exchange Bank, Investment Arm, Hana Bank, Investment Arm and a related party acquired 25.12% stake in The Hyundai Cement Co., Ltd..
June 18, 2014 at 09:30 am IST
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Korea Exchange Bank, Investment Arm, Hana Bank, Investment Arm and a related party acquired 25.12% stake in The Hyundai Cement Co., Ltd. (KOSE:A006390) on June 18, 2014. Korea Exchange Bank, Investment Arm, Hana Bank, Investment Arm and a related party acquired 2.14 million shares of Hyundai Cement in the deal.
Korea Exchange Bank, Investment Arm, Hana Bank, Investment Arm and a related party completed the acquisition of 25.12% stake in The Hyundai Cement Co., Ltd. (KOSE:A006390) on June 18, 2014.
HANIL HYUNDAI CEMENT CO.,LTD , formerly HYUNDAI CEMENT CO.,LTD, is a Korea-based company mainly engaged in the manufacture of cements. The Companyâs main products are cements, including Portland cements, early-strength Portland cements, sulfate resisting cements, blast furnace slag cements and masonry cements, which are used for construction areas, such as roads, bridges, dams, retaining walls, industrial plants and others. In addition, the Company is also engaged in the leisure business, which operates condos, ski resorts, golf courses and others.