NVH Korea invests W19.3b in overseas subsidiary
[DISCLOSURE] NVH Korea (067570) announced on March 22 that it has decided to participate in its Mauritius-based subsidiary NVH Global Investment Holding Company’s capital raise and acquire 18.05 million shares at 19.3 billion won (US$18.0 million).
It will own the subsidiary’s entire 22 million shares after the acquisition.
By Hwang You-mee (glamazon@heraldcorp.com)