BGF Co., Ltd. completed the acquisition of a 34.79% stake in Kopla Co., Ltd..
December 22, 2021
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BGF Co., Ltd. (KOSE:A027410) agreed to acquire a 34.79% stake in Kopla Co., Ltd. (KOSDAQ : A126600) from Han Sang-yong, In-Sun Jo, Youn-Gu Lee and Keon-Hee Han for approximately KRW 150 billion on November 4, 2021. The consideration comprises of KRW 15 billion of deposit and remaining KRW 135 billion to be paid at completion. Prior to completion, Han Sang-yong, In-Sun Jo, Youn-Gu Lee and Keon-Hee Han owned 17.05%, 11.35%, 5.68% and 0.71% stake in Kopla Co. and upon completion, BGF Co. will hold 7.346174 million shares, representing 34.75% interest in it. Board of KOPLA CO., LTD resolved the transaction on November 04, 2021. The transaction is expected to close on December 22, 2021.
BGF Co., Ltd. (KOSE:A027410) completed the acquisition of a 34.79% stake in Kopla Co., Ltd. (KOSDAQ:A126600) on December 22, 2021.
BGF Co Ltd, formerly BGF Retail Co Ltd, is a Korea-based holding company mainly engaged in the investment business. The Company operates its business through four segments. The Investment Business segmentâs main revenues are brand usage revenue from users of the BGF brand, management support service revenue through business services, and dividend revenue and rental revenue received from subsidiaries. The Golf Course Business segment engages in the operation of golf courses. The Advertisement and Delivery Business segment engages in digital signage advertisement business, business messaging business, mobile gift certificate business and cash receipt business, and provides convenience store delivery service. The Other Business segment engages in online food sales business, worker dispatch and commissioned operation business, eco-friendly product manufacturing and processing sales business, and other plastic product manufacturing business.