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Korea

Hanil E-Hwa Group to absorb body components supplier

Hanil E-Hwa announced that Dooyang Industrial Co., Ltd., its wholly owned subsidiary, will absorb Yeju Industrial Co., Ltd., effective March 31, 2015. Yeju Industrial, based in Hwaseong, Gyeonggi-do, produces automotive body components. It is capitalized at KRW 1,800 million. Sales reached KRW 21,499 million in 2013.....

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