Brief: SGA Solutions unit to sell stake in Tongyang Networks for 11.19 bln won

SGA Solutions Co

03/11/2016 09:59

Nov 3 (Reuters) - SGA Solutions Co Ltd  184230.KQ  : 
 
    * Says its unit to sell 7.1 million shares of Tongyang 
Networks Corp  030790.KS , a system management firm, for 11.19 
billion won, to integrate core business 
    * Says its unit will hold 0.7 percent stake(395,251 shares) 
in Tongyang Networks Corp, after the transaction  
    * Expected transaction settlement date is Dec. 19 
 
    Source text in Korean: https://goo.gl/4rSuCV 
    Further company coverage:  184230.KQ  030790.KS  
 
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