The Korea Herald

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S Polytech to sell its Chinese subsidiary

By KH디지털2

Published : Aug. 10, 2016 - 15:01

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[THE INVESTOR] S Polytech (050760) said on Aug. 10 that it has decided to sell its Chinese subsidiary to Beijing-based corporates. 

The firm was offered 15.1 billion won (US$13.9 million) in payment which amounts to 33.08 percent of the firm’s capital. 

(theinvestor@heraldcorp.com)