Whanin buys 6.22% stake in Ildong Pharm

Published: 2010-05-24 06:56:00
Updated: 2010-05-24 06:56:00
Whanin Pharmaceutical said on May 13 it holds 6.22 percent stake in Ildong Pharmaceutical, increasing suspicions over the latter’s real intention.

Whanin bought 260,000 shares on May 13 in addition to the existing stocks.

Analysts raised doubts over Whanin’s bid for Ildong shares.

“Our b...

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