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046140 SBS Contents Hub Co News Story

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Brief: SBS Contents Hub to divest investment business and web agency business into new subsidiaries

June 22 (Reuters) - SBS Contents Hub Co Ltd  046140.KQ  : 
     
    * Says it plans to divest investment business and web agency 
business into new subsidiaries, named SBS Neo Partners Co., Ltd 
and SBS Internet & Mobile Co., Ltd respectively  
    * Says the company will survive and engaged in content 
distribution business as well 
    * Expected divestiture date is Aug. 1 
     
    Source text in Korean: https://goo.gl/Y1gFgU 
    Further company coverage:  046140.KQ  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: hedy.cui.reuters.com@reuters.net))

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