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TKG Huchems has submitted a bid in the preliminary auction to acquire management rights of Japanese special plastics manufacturer Yasojima Proceed, with an estimated enterprise value of 500 billion won. Due diligence is underway ahead of the main auction.
“TKG Huchems has submitted a bid for the preliminary auction for the sale of Yasojima's management rights and is currently conducting due diligence through an accounting firm ahead of the main auction.”businesskorea.co.kr
Summarized from public sources; check the original articles before acting on it.