Independent journal on economy and transport policy
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CJ Korea Express Corporation will become the main shareholder of the logistic company Century malaysian
It will acquire 31.44% of the capital for about 43,5 million dollars
September 8, 2016
CJ Korea Express Corporation, the main South Korean logistic company, has signed agreements in order to acquire 31.44% about of the share capital of the malaysian Century Logistics Holdings Berhad. Draft of 120,5 million actions that will pass of hand for 47,6 billion won (43,5 million dollars) making of the South Korean society the greater shareholder of the Century. The transaction will be realized by CJ Korea Express Corporation through branch CJ Korea Express Asia Pte. Ltd.
Century, that it is founded in 1970, last year has recorded a turnover of 80 million dollars.
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CJ Korea Express Corporation, the main South Korean logistic company, has signed agreements in order to acquire 31.44% about of the share capital of the malaysian Century Logistics Holdings Berhad. Draft of 120,5 million actions that will pass of hand for 47,6 billion won (43,5 million dollars) making of the South Korean society the greater shareholder of the Century. The transaction will be realized by CJ Korea Express Corporation through branch CJ Korea Express Asia Pte. Ltd.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
