CJ Global Holdings Limited completed the acquisition of Kodo Feed Mill Co., Ltd. from Dongaone Co.,Ltd. for KRW 6.3 billion.
October 04, 2015
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CJ Global Holdings Limited agreed to acquire Kodo Feed Mill (Cambodia) Co., Ltd. from Dongaone Co.,Ltd. (KOSE:A008040) for KRW 6.8 billion on September 11, 2015. The transaction was resolved by the Board of Directors on September 11, 2015. Completion of the transaction is subject to approvals from Cambodian government.
CJ Global Holdings Limited completed the acquisition of Kodo Feed Mill (Cambodia) Co., Ltd. from Dongaone Co.,Ltd. (KOSE:A008040) for KRW 6.3 billion on October 5, 2015. The consideration was revised downwards from KRW 6.8 billion to KRW 6.3 billion for 1000 shares of Kodo Feed Mill.
SAJODONGAONE CO.,LTD, formerly DONGAONE CO.,LTD. is a Korea-based company mainly engaged in the manufacture of flour products and animal feeds. Its flour products business produces premium flours, all-purpose flours, cake flours, bread flours, organic flours, whole wheat flours, Woorimil flours, fiber sun flours, buckwheat flours and others. Its animal feeds business provides feeds for chickens, pigs, cattle, dogs, cats and fish. Through its subsidiaries, it also engages in the import and sale of cars under the brand name Ferarri and Maserati; grain business; development of overseas agricultural products, and manufacture of wines and others.