H.Anderson Co., Ltd., The Stone Growth Fund 1 and The Stone Growth Fund 2 entered contract to acquire 35.56% stake in Incon Co., Ltd. from Oh-Eon Kwon for KRW 28.7 billion.
August 25, 2017
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H.Anderson Co., Ltd., The Stone Growth Fund 1 and The Stone Growth Fund 2 entered contract to acquire 35.56% stake in Incon Co., Ltd. (KOSDAQ:A083640) from Oh-Eon Kwon for KRW 28.7 billion on August 25, 2017. H.Anderson Co., Ltd. will acquire 0.8 million shares, The Stone Growth Fund 1 will acquire 0.74 million shares, and The Stone Growth Fund 2 will acquire 0.74 million shares. H.Anderson Co., Ltd., The Stone Growth Fund 1, and The Stone Growth Fund 2 deposited KRW 2.9 billion and will pay balance KRW 25.75 billion on October 16, 2017. In a related transaction, H.Anderson Co., Ltd. will acquire 0.35 million shares from Oh-Eon Kwon. The scheduled change date is October 16, 2017.
INCON Co., Ltd., formerly Win4Net Co., Ltd. is a Korea-based company specialized in the development and manufacture of digital video recorders (DVRs) used for security area. The Companyâs products consist of standalone DVRs, personal computer (PC)-based DVRs, analog cameras, color box cameras, indoor dome cameras, outdoor micro dome cameras, outdoor dome cameras and others. Its Internet protocol (IP) products include network video recorders (NVRs), video servers, hybrid DVRs, IP cameras and related software. It also provides storages. It distributes its products under the brand names of Netsafe, Trium, Poswatch, Clevo, Netsafe, Wintera and others. The Company distributes its products within domestic market and to overseas markets.
H.Anderson Co., Ltd., The Stone Growth Fund 1 and The Stone Growth Fund 2 entered contract to acquire 35.56% stake in Incon Co., Ltd. from Oh-Eon Kwon for KRW 28.7 billion.