[DISCLOSURE] SPC Samlip (005610) announced on June 11 that its wholly-owned subsidiary Glucks Schwein has decided to acquire tangible assets including land, building and facilities worth 11 billion won (US$10.25 million) “to secure manufacturing line for home meal replacements.”

When SPC Samlip completes merger with the subsidiary, Samlip SPC will be the party of the contract, it said. 

By Hwang You-mee (glamazon@heraldcorp.com)