Silla Holdings Co.,Ltd. cancelled the acquisition of 30.43% stake in Visionhillscc, Co. from Silla Co., Ltd..
February 15, 2017
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Silla Holdings Co.,Ltd. agreed to acquire 30.43% stake in Visionhillscc, Co. from Silla Co., Ltd. (KOSE:A004970) for KRW 25.8 billion on February 16, 2016. As per the agreement 1.3 million shares will be sold as part of the transaction. The Board of Directors passed a resolution for the transaction on February 16, 2016. The settlement date of sale is February 16, 2016.
Silla Holdings Co.,Ltd. cancelled the acquisition of 30.43% stake in Visionhillscc, Co. from Silla Co., Ltd. (KOSE:A004970) on February 16, 2017.
SILLA CO.,LTD is a Korea-based company mainly engaged in the deep-sea fishing business and aquatic products distribution business. Along with subsidiary, the Company operates its business through five segments. The Deep-sea Fishing Business segment engages in the provision of tunas for processing and tunas for sashimi. The Aquatic Products Distribution segment sells aquatic products, such as pollacks and tunas to domestic and overseas markets. The Steel Business segment mainly wholesales stainless products to domestic construction companies, specialty steel processing companies and shipbuilders. The Agricultural Products Distribution segment is engaged in the distribution of vegetables and fruits. The Others segment engages in the real estate rental business.
SILLA CO.,LTD 
