KG Steel Acquires 9.54 Million Shares of Taihan Cable, Stake Now 4.87%
On April 21, KG Steel announced in a regulatory filing that it had acquired 9,545,296 shares of Taihan Cable for 110 billion won.
KG Steel obtained the shares by exercising its conversion rights on convertible bonds it previously held.
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Following the acquisition, KG Steel's stake in Taihan Cable is now 4.87%.
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