Jeongmoon Information Co., Ltd. cancelled the acquisition of unknown remaining stake in JME Inc.
December 11, 2013 at 09:30 am IST
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Jeongmoon Information Co., Ltd. (KOSE:A033050) agreed to acquire unknown remaining stake in JME Inc. for KRW 5.4 billion in cash on December 11, 2012. Following the completion of the deal, Jeongmoon Information will hold 100% stake in JME Inc. The Board of Directors of Jeongmoon Information resolved the deal on December 11, 2012. The transaction is expected to close by December 11, 2012.
Jeongmoon Information Co., Ltd. (KOSE:A033050) cancelled the acquisition of unknown remaining stake in JME Inc. on December 11, 2013.
JEONGMOON INFORMATION CO., LTD. is a Korea-based company mainly engaged in the manufacture of light emitting diode (LED) modules. Through its subsidiaries, the Company mainly engaged in the manufacture of LED modules, printed circuit boards (PCBs) and others. The Company also engages in the provision of recording mediums, such as authorized replicator (AR) business-based compact discs (CDs) and digital video disks (DVDs), Microsoft operating systems (OSs), Windows embedded products, among others.