Standard Chartered Puts $61M into Daelim

Standard Chartered Private Equity has put $61 million into South Korean motorcycle and auto parts maker Daelim Motor Co., Reuters reported. Formed in 1978, Daelim Motor makes Citi and Tact motorcycles, and supplies die-cast aluminium parts for engines and transmissions. It is part of chemical- and construction-focused Daelim Group.

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