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Binex to acquire Ilshin Chemical.

Published: 2004-06-29 06:55:00
Updated: 2004-06-29 06:55:00
Binex, a Kosdaq registered company, acquired Ilshing chemical, a pharmaceutical raw material producer located in Yangsan city, Kyeongnam province by acquiring 107,000 stocks of Ilshin, 68.8% of the total equity at 4.4 billion won.

The business performance by Ilshin chemical in 2003 showed 10 billion won of sales and 1 billion won of net profit, supplying pharmaceutical raw materials to Bine...

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