EBEST Investment & Securities Co., Ltd. acquired 2.57% stake in Creative & Innovative System Corporation from LB Gemini New Growth Fund 16 a fund managed by LB Investment Inc. for KRW 2.2 billion.
January 24, 2017 at 09:30 am IST
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EBEST Investment & Securities Co., Ltd. (KOSDAQ:A078020) acquired 2.57% stake in Creative & Innovative System Corporation from LB Gemini New Growth Fund 16 a fund managed by LB Investment Inc. for KRW 2.2 billion on January 20, 2017. Under the transaction, EBEST Investment & Securities Co., Ltd. acquired 1.3 million shares at a KRW 1778 per share. After the completion of the sale, LB Gemini New Growth Fund 16 will hold 2.96 million shares in in Creative & Innovative System Corporation.
EBEST Investment & Securities Co., Ltd. (KOSDAQ:A078020) completed the acquisition of 2.57% stake in Creative & Innovative System Corporation from LB Gemini New Growth Fund 16 a fund managed by LB Investment Inc. on January 20, 2017.
LS Securities Co Ltd, formerly EBest Investment & Securities Co Ltd, is a Korea-based company principally engaged in the financial investment and securities services provision business. The Company mainly provides securities investment brokerage services such as equity securities, debt securities, investment securities, investment contract securities, derivatives-linked securities and foreign currency securities, consignment trading services such as real-time ordering, quoting and securities information inquiring for stock futures, options and funds, as well as own trading services. The Company also provides underwriting, arranging and lending services.
EBEST Investment & Securities Co., Ltd. acquired 2.57% stake in Creative & Innovative System Corporation from LB Gemini New Growth Fund 16 a fund managed by LB Investment Inc. for KRW 2.2 billion.