Alliance Capital Partners Co., Ltd. acquired 8.66% stake in Shinhan 2nd Special Purpose Acquisition Co.,Ltd..
October 15, 2014 at 09:30 am IST
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Alliance Capital Partners Co., Ltd. acquired 8.66% stake in Shinhan 2nd Special Purpose Acquisition Co.,Ltd. (KOSDAQ:A203650) on October 15, 2014. Under the terms of the transaction, Alliance Capital Partners acquired 0.476 million shares of Shinhan 2nd Special Purpose Acquisition Co.,Ltd. Post closing, Alliance Capital Partners increased its stake from 0% to 8.66%.
Alliance Capital Partners Co., Ltd. completed the acquisition of 8.66% stake in Shinhan 2nd Special Purpose Acquisition Co.,Ltd. (KOSDAQ:A203650) on October 15, 2014.
Dream Security Co., Ltd., formerly Shinhan 2nd Special Purpose Acquisition Co., LTD., is a Korea-based company principally engaged in the information protection business. The Company provides solutions and system integration (SI) services including public key infrastructure (PKI) authentication, wired security, wireless security, electronic document security and others to government agencies, public institutions, financial institutions, and general companies. The Company is also involved in the operating and security equipment business.