Thummim Co., Ltd and Woorim Fund acquired 21.51% stake in KPS Corporation (KOSDAQ : A256940) from Song, Jun ho, Kim, Jung ho and Kang, Jae hoon for KRW 15.9 billion.
February 10, 2020
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Thummim Co., Ltd and Woorim Fund acquired 21.51% stake in KPS Corporation (KOSDAQ : A256940) from Song, Jun ho, Kim, Jung ho and Kang, Jae hoon for KRW 15.9 billion on February 9, 2020. Under the terms, 0.92 million shares will be acquired for a price of KRW 0.017 million per share. Thummim will acquire 0.59 million shares constituting 13.73% and Woorim Fund will acquire 0.33 million shares constituting 7.78% shares. The transaction was funded through own cash worth KRW 9.9 billion. The transaction is expected to close on February 10, 2020.
Thummim Co., Ltd and Woorim Fund completed the acquisition of 21.51% stake in KPS Corporation (KOSDAQ : A256940) from Song, Jun ho, Kim, Jung ho and Kang, Jae hoon on February 10, 2020.
KPS Corporation is a Korea-based company principally engaged in manufacture of semiconductor equipment . The Company's products mainly consist of mask stretchers, support mask stretchers, total pitch inspection systems, open mask tension welders, lamination systems, de-lamination systems, inkjet printers, diffusion systems and panel inspection systems.
Thummim Co., Ltd and Woorim Fund acquired 21.51% stake in KPS Corporation (KOSDAQ : A256940) from Song, Jun ho, Kim, Jung ho and Kang, Jae hoon for KRW 15.9 billion.