Moatech Co., Ltd. acquired 3.77% stake in K.J. Pretech Co. Ltd. from Shinsung Delta Tech Co., Ltd, Mi-Bok Lee and others for KRW 2 billion.
July 23, 2014
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Moatech Co., Ltd. (KOSDAQ:A033200) signed a contract to acquire 3.77% stake in K.J. Pretech Co. Ltd. (KOSDAQ:A083470) from Shinsung Delta Tech Co., Ltd (KOSDAQ:A065350), Mi-Bok Lee and others for KRW 2 billion on July 17, 2014. Under the terms of the transaction, Moatech Co., Ltd. acquired 0.66 million K.J. Pretech shares at KRW 3000 per share. Moatech acquired 0.37 million K.J. Pretech shares from Shinsung Delta Tech Co., Ltd and 0.1 million K.J. Pretech shares from Mi-Bok Lee.
Moatech Co., Ltd. (KOSDAQ:A033200) completed the acquisition of 3.77% stake in K.J. Pretech Co. Ltd. (KOSDAQ:A083470) from Shinsung Delta Tech Co., Ltd (KOSDAQ:A065350), Mi-Bok Lee and others on July 21, 2014.
EMNI Co Ltd, formerly KJ Pretech Co Ltd, is a Korea-based company principally engaged in the provision of back light units (BLUs). The Company operates its business through three segments. The BLU segment provides small-sized BLUs used in mobile phones, personal multimedia players and printers. The Electronic Components Business segment provides precision injection molded products. The Other segment is engaged in the other sales such as technology transfer fees.