LLC Korea enters into assignment, assumption with Lucky Core Industries, Lucky Ventures

MG News | May 15, 2023 at 09:50 AM GMT+05:00

0:00

May 15, 2023 (MLN): With regards to the Share Purchase Agreement with Lucky Core Industries Limited for the sale of 1.135 billion shares of the company held by Lotte Chemical Corporation (LCC Korea), LLC Korea has entered into an Assignment and Assumption Agreement with Lucky Core Industries Limited and Lucky Core Ventures (Private) Limited.

The Share Purchase Agreement was signed on January 26, 2023.

LCC Korea is the majority (75.01%) shareholder of Lotte Chemical Pakistan Limited (LOTCHEM) while Lucky Core Ventures (Private) Limited is a wholly-owned subsidiary of Lucky Core Industries Limited.

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