SU Holdings Acquires 1 Billion KRW Worth of Jeongseong Food Shares
SU Holdings announced on the 19th that it will acquire 53,735 shares of Jeongseong Food, a food processing and manufacturing company, for approximately 1 billion KRW. After the acquisition, SU Holdings' stake in Jeongseong Food will be 33.3%. The scheduled date for the stock acquisition is the same day as the announcement. SU Holdings stated that the purpose of this stock acquisition is "business diversification and investment profit generation."
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