Chung exits Taewon to launch non-listed production outfit

By 2008-08-20T11:31:00

In an $18.5m deal announced yesterday (Aug 19), Taewon sold his 17% share of the company, along with another 52% owned by Fireworks International and a foreign fund, to Korean executive Cho Jung-ho and HC Partners. Jung is leaving his position as CEO of Taewon Entertainment.

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