Hizeaero Co., Ltd. cancelled the acquisition of Land And Building Located In Busan, South Korea from Busan Metropolitan Corporation.
December 22, 2016
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Hizeaero Co., Ltd. (KOSDAQ:A221840) agreed to acquire Land And Building Located In Busan, South Korea from Busan Metropolitan Corporation KRW 11.4 billion in cash on December 22, 2015.
Hizeaero Co., Ltd. (KOSDAQ:A221840) cancelled the acquisition of Land And Building Located In Busan, South Korea from Busan Metropolitan Corporation on December 22, 2016.
HIZEAERO Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of aircraft parts. The Company's product portfolio consists of B787 center wing boxes under the brand name of Sec 11, B787 fixed trailing edges (FTEs) under the brand name of Sec 15, B787 pivot bulkheads (PBHs) under the brand name of Sec 48, assembly jigs under the brand name of B787 and F15SR. The Company also provides aircraft maintenance services, repair services, overhaul services and aircraft parts remodeling services. The Company distributes its products within domestic market and to overseas markets.