Hansongneotech Co.,Ltd. and NS Neotech Co., Ltd. completed the acquisition of 54.44% stake in Shinhwa IT Co., Ltd.
August 11, 2021
Share
Hansongneotech Co.,Ltd. (KOSDAQ:A226440) and NS Neotech Co., Ltd. agreed to acquire 54.44% stake in Shinhwa IT Co., Ltd. for KRW 2.9 billion on August 10, 2021. The transaction is expected to close on August 11, 2021.
Hansongneotech Co.,Ltd. (KOSDAQ:A226440) and NS Neotech Co., Ltd. completed the acquisition of 54.44% stake in Shinhwa IT Co., Ltd. on August 11, 2021. Which is an estimated completion date.
HANSONGNEOTECH CO.,LTD., formerly Dongbu 3rd Special Purpose Acquisition Co., Ltd., is a Korea-based company principally engaged in the manufacture and sale of equipment which is used for flat panel display (FPD) manufacturing. The Companyâs products profile consists of fine metal mask (FMM) tension machines, support tension machines, laser trimmers, manual repair devices, mask inspection quality control (IQC) devices and pixel positioning accuracy (PPA) inspection machines, among others. These products mainly used for plasma display panels (PDPs), liquid crystal displays (LCDs), active matrix organic light emitting diodes (AMOLEDs) and others. In addition, the Company provides ultrasonic cleaners those are applied to FPD. It distributes its products within domestic market and to overseas markets.
HANSONGNEOTECH CO.,LTD. 