Martin Jay Co., Ltd. acquired an additional 0.69% stake in IntroMedic Co., Ltd. from Yeonwoo & Company Co., Ltd. for approximately KRW 780 million.
March 21, 2018
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Martin Jay Co., Ltd. acquired an additional 0.69% stake in IntroMedic Co., Ltd. (KOSDAQ:A150840) from Yeonwoo & Company Co., Ltd. for approximately KRW 780 million on February 8, 2018. Under the terms of transaction, Martin Jay Co., Ltd. acquired 0.05 million shares at KRW 0.02 million each. Upon completion, Martin Jay Co., Ltd. held 0.32 million shares in IntroMedic Co., Ltd.
Martin Jay Co., Ltd. completed the acquisition of an additional 0.69% stake in IntroMedic Co., Ltd. (KOSDAQ:A150840) from Yeonwoo & Company Co., Ltd. on February 8, 2018.
IntroMedic Co., Ltd. is a Korea-based company mainly engaged in the development, manufacture and distribution of medical equipment. The Companyâs products consist of capsule endoscope, which is used for small intestine check under the brand name MiroCam; disposable endoscope, which is used to detect abnormalities of the esophagus and the stomach under the brand name E.G. Scan, and other accessories, such as abdominal disposable data belts and others. The Company distributes its products within domestic market and to overseas markets.