An unknown buyer acquired 7.4% stake in Caregen Co., Ltd. from Shanghai Siyanli Industrial Co., Ltd. for KRW 56.2 billion.
June 07, 2017
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An unknown buyer acquired 7.4% stake in Caregen Co., Ltd. (KOSDAQ:A214370) from Shanghai Siyanli Industrial Co., Ltd. for KRW 56.2 billion on June 2, 2017. Under the terms of transaction Shanghai Siyanli Industrial Co., Ltd. sold 0.797 million shares in Caregen Co., Ltd.
An unknown buyer completed the acquisition of 7.4% stake in Caregen Co., Ltd. (KOSDAQ:A214370) from Shanghai Siyanli Industrial Co., Ltd. on June 2, 2017.
Caregen Co., LTD is a Korea-based company mainly engaged in the manufacture of cosmeceuticals and dermal fillers. The Company manufactures HSR CEs which used for improving facial wrinkles and strengthening protect wet under the brand name of Dermaheal, aquashines which used for keeping the shin whitening and promoting skin cells activation under the brand name of REVOFIL, HL CEs which used for treating hair loss, hair filler excell C'rums which used for promoting hair growth and preventing hair lose, LL CEs which used for promoting fat decomposition and prevent fat accumulation, hydra B5 Gels, ultra AW500s, eye filler masks, efficacy raw materials including growth facors and biomimetic peptides, and others. The Company distributes its products within domestic market and to overseas markets.