Daedong to sell Suzhou Daedong Science & Technology  [ China ]

Daedong announced that it will sell 100 percent of Suzhou Daedong Science & Technology Co., Ltd.'s shares for KRW 2,602 million. Suzhou Daedong Science & Technology is located in Suzhou, Jiangsu Province, China. The Chinese subsidiary designs and develops automotive components, dies, and electronic components. The transaction is planned to be completed by April 20, 2015. (From a press r...