[DISCLOSURE]
NICE (034310) announced on July 19 that its subsidiary NICE Infra has sold the entire 499,999 shares of Korea Investors Service to Moody’s Singapore for 53.97 billion won (US$47.51 million) on July 18 to improve financial liquidity.
NICE Infra also sold 145,600 shares of KIS Pricing, a subsidiary of Korea Investors Service, to the ratings agency for 5 billion won on the same day, it announced in a separate statement.
