Exiv V2X Private Investment Joint Corporation acquired 8.1% stake in Chemtronics.Co.,Ltd. from NH Investment & Securities Co., Ltd. for KRW 5.5 billion.
January 15, 2018
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Exiv V2X Private Investment Joint Corporation acquired 8.1% stake in Chemtronics.Co.,Ltd. (KOSDAQ:A089010) from NH Investment & Securities Co., Ltd. (KOSE:A005940) for KRW 5.5 billion on January 12, 2018. Under the terms, Exiv V2X Private Investment Joint Corporation acquired 1.1 million shares at KRW 5,023 per share. Post-acquisition, NH Investment & Securities reduced the shareholding from 1.1 million shares to 70 shares.
Exiv V2X Private Investment Joint Corporation completed the acquisition of 8.1% stake in Chemtronics.Co.,Ltd. (KOSDAQ:A089010) from NH Investment & Securities Co., Ltd. (KOSE:A005940) on January 12, 2018.
CHEMTRONICS CO.,Ltd. is a Korea-based company mainly engaged in the manufacture of printed circuit board assembly (PBA) products. The Company operates its business through two divisions: electronic division and chemical division. Its electronic division manufactures printed circuit board assemblies (PBAs), touch integrated circuit (ICs), electromagnetic compatibility (EMC) materials and others. Its chemical division manufactures electronic chemical solvents, paints, inks, polyvinyl chloride (PVC) stabilizers and others used for photo resist, color filter, stripper, thinner and others of semiconductor, liquid crystal display (LCD) and plasma display panel (PDP), as well as provides LCD and organic light emitting diode (OLED) thin glass slimming services.