Fidelity Management & Research Company and three related parties acquired 10.3% stake in Gabia Inc.
May 23, 2014 at 09:30 am IST
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Fidelity Management & Research Company and three related parties acquired 10.3% stake in Gabia Inc (KOSDAQ:A079940) on May 23, 2014. Fidelity Management & Research Company and three related parties acquired 1.34 million shares of Gabia.
Fidelity Management & Research Company and three related parties completed the acquisition of 10.3% stake in Gabia Inc (KOSDAQ:A079940) on May 23, 2014.
GABIA, Inc. is a Korea-based company specialized in the provision of Internet infrastructure services. The Company, along with its subsidiaries, operates in two business segments: Internet infrastructure segment as well as wholesale and agent segment. Its Internet infrastructure segment is involved in the provision of a range of Web related services, including domain service, which provides global domain name registration services; hosting service, which leases servers for homepage operations; Web agency service, which designs and builds Internet Websites, Internet data center (IDC) services, Internet service provider (ISP), as well as Web mail solution service, among others. Its whole and agent segment is involved in the collection and sale of recycled materials.
GABIA, INC. 
