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[DISCLOSURE] E Investment & Development (093230), a producer of electronics components, announced on Sept. 5 that it has acquired 766,283 shares of New Pride Corporation worth 5.76 billion won (US$5.21 million) to improve its financial structure and secure more liquid assets.
This amounts to 14.87 percent of its equity capital. E I&D now owns 2.18 percent stake.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)
This amounts to 14.87 percent of its equity capital. E I&D now owns 2.18 percent stake.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)
