Microtech Co.,Ltd completed the acquisition of Ace Factory from Min Hyun Il, Lee Marum, S & Q Foods, So Yong Lee, Eun Soon Kim and Ik Hyun Kim.
November 22, 2019
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Microtech Co.,Ltd (KOSDAQ:A227950) agreed to acquire Ace Factory from Min Hyun Il, Lee Marum, S & Q Foods, So Yong Lee, Eun Soon Kim and Ik Hyun Kim for KRW 25 billion on October 17, 2019. Microtech will acquire 0.2 million shares. Consideration of KRW 12.5 billion is paid on October 17, 2019 and KRW 12.5 billion will be paid on November 22, 2019. Date of Board Resolution of Microtech is October 17, 2019.
Microtech Co.,Ltd (KOSDAQ:A227950) completed the acquisition of Ace Factory from Min Hyun Il, Lee Marum, S & Q Foods, So Yong Lee, Eun Soon Kim and Ik Hyun Kim on November 22, 2019.
N2tech Co Ltd, formerly Microtech Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of semiconductor equipment components. The Company operates its business through four segments. The Semiconductor Equipment Component segment produces and sells products such as vacuum valves, semiconductor equipment components, and system equipment, and provides after-sales services. The Light Emitting Diode(LED) Cheerleader and Merchandising(MD) Product segment manufactures products consisting of LED cheerleaders and MD products. The Entertainment segment is engaged in the production and sale of broadcast programs and entertainment management business. The Mask Manufacturing segment is engaged in the manufacture and sale of masks.