Hana Daetoo Securities Co., Ltd., Investment Arm and three related parties acquired 17.02% stake in SAMBO MOTOS Co,.Ltd..
November 27, 2013 at 09:30 am IST
Share
Hana Daetoo Securities Co., Ltd., Investment Arm and three related parties acquired 17.02% stake in SAMBO MOTOS Co,.Ltd. (KOSE:A053700) on November 27, 2013. The buyers acquired 1.5 million shares of SAMBO in the transaction.
Hana Daetoo Securities Co., Ltd., Investment Arm and three related parties completed the acquisition of 17.02% stake in SAMBO MOTOS Co,.Ltd. (KOSE:A053700) on November 27, 2013.
SAMBO MOTORS CO., LTD is a Korea-based company principally engaged in the manufacture of automobile components together with its subsidiaries. The Companyâs products portfolio consists of transmission parts including carrier plates, automatic plates, shaft assembly clutch release forks, rings, covers and center supports; engine parts including water pipes, oil screens, oil level gauges, heater pipes, stays and others, as well as fuel parts including fuel filler necks. The Companyâs main clients are KIA MOTORS, GM DAWOO, HYUNDAI MOTORS, HYUNDAI MOBIS and others. It distributes its products within domestic market and to overseas markets. On January 30, 2013, the Company established a new wholly owned subsidiary in Korea, engaged in the automobile parts and other items, to acquire Placor Co., Ltd.