S&T Motiv to sell all shares in S&T Motors  [ Korea ]

S&T Motiv announced that it will sell the entire 32.1 percent shareholding it has in S&T Motors in order to streamline its operations and strengthen its financial stability. S&T Motiv will receive KRW 32 billion for the deal. S&T Motors is a motorcycle manufacturer based in Changwon, Kyongsangnamdo. (From a press release on January 23, 2014)