CAPE Investment & Securities Co.,Ltd. acquired 16.47% stake in S & D Co., Ltd. from Korea Development Bank for KRW 4 billion.
December 29, 2017
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CAPE Investment & Securities Co.,Ltd. acquired 16.47% stake in S & D Co., Ltd. (XKON:A260970) from Korea Development Bank for KRW 4 billion on December 27, 2017. CAPE Investment & Securities acquired 0.05 million shares of S & D Co., Ltd. for KRW 81,100 each. Upon completion, Korea Development Bank will not hold any stake in S & D Co., Ltd.
CAPE Investment & Securities Co.,Ltd. completed the acquisition of 16.47% stake in S & D Co., Ltd. (XKON:A260970) from Korea Development Bank on December 27, 2017.
S&D Co., Ltd is a Korea-based company mainly engaged in the production and sale of seasoning food materials. The Company operates its business through four segments. The Seasoning Food Material segment is involved in the manufacturing and sale of seasoning raw materials made from concentrated aquatic products. The seasonal food materials include grilled chicken concentrate, and Cheongyang red pepper seasoning powder. The Health Functional Food Material segment is involved in the manufacturing and sale of health functional food materials from natural products through biotechnology. The Bio Industry Material Segment manufactures and sells functional materials used in food, cosmetics, and drugs. The Other segment is subcontracted sale of products.
S&D CO., LTD 