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Chairman Kim become largest shareholder at Handok

Published: 2012-11-02 06:56:00
Updated: 2012-11-02 06:56:00
Handok Pharm Wednesday said in its regulatory filing that incumbent chairman Kim Young-jin is the largest shareholder as the company acquired a 50 percent stake from Hoechst.

The acquisition aims at protecting the managerial control, said company officials said.

Kim holds a 14.12 percent stake at Handok Pharm, which will be confirmed by a special shareholders’ meeting sooner or later.

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