Golfzonyouwonholdings Co., Ltd. acquired unknown majority stake in New Dean Hillution Co., Ltd.
March 31, 2017
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Golfzonyouwonholdings Co., Ltd. (KOSDAQ:A121440) acquired unknown majority stake in New Dean Hillution Co., Ltd. on March 31, 2017. The Board of Directors of Golfzonyouwonholdings Co., Ltd. passed the resolution for the transaction on March 31, 2017.
Golfzonyouwonholdings Co., Ltd. (KOSDAQ:A121440) completed the acquisition of unknown majority stake in New Dean Hillution Co., Ltd. on March 31, 2017.
GOLFZON NEWDIN HOLDINGS Co., Ltd., formerly GOLFZONNEWDIN Co., Ltd., is a Korea-based company mainly engaged in the development of golf game software. The Company and its subsidiaries are engaged in the provision of golf simulators, including swing plates, golf simulator online services, online screen golf services, golfzon live managers, as well as operation of golf courses. It also provides simulator maintenance services and distributes golf supplies. The Company provides online services through Golzon.com, which enables customers to watch real-time swing motion videos and ranking information during game rounds, and access to golf column for golf learning articles and event information. It supplies its products within domestic market and to overseas markets.