Goodcen Co., Ltd. cancelled the acquisition of GSB Tech Co., Ltd.
March 09, 2017
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Goodcen co., ltd. agreed to acquire GSB Tech Co., Ltd. on March 9, 2016. Merger ratio is 1:11.41574 between Goodcen and GSB Tech Co., Ltd. Goodcen will issue 0.23 million shares as consideration. The general shareholder meeting is scheduled on March 10, 2016. The transaction is expected to complete on April 11, 2016.
Goodcen Co., Ltd. (XKON:A243870) cancelled the acquisition of GSB Tech Co., Ltd. on March 9, 2017.
Goodcen Co., Ltd. is a Korea-based company mainly engaged in the provision of maintenance services of public cloud storages. The Company is involved in the provision of public cloud storage services and maintenance services of public cloud storages. In addition, the Company provides construction enterprise resource planning (ERP) systems, as well as unified communications and collaboration solutions (UC&Cs). The construction ERP includes solutions under the name of e-Novator, as well as safety management systems. The e-Novator provides the solutions related to mails, payment, as well as collaboration and information sharing for employee communication. The UC&Cs include enterprise knowledge portals (EKPs), as well as collaborative portal servers (CPSs).