Intelligent Digital Integrated Security Co., Ltd. acquired 49.55% stake in HD Pro Co.,Ltd. for KRW 8.2 billion.
October 31, 2012 at 09:30 am IST
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Intelligent Digital Integrated Security Co., Ltd. (KOSE:A143160) acquired 49.55% stake in HD Pro Co.,Ltd. for KRW 8.2 billion on October 31, 2012. Intelligent Digital Integrated Security acquired 0.11 million shares of HD Pro. The Board of Directors of Intelligent Digital Integrated passed a resolution for the transaction on October 31, 2012.
Intelligent Digital Integrated Security Co., Ltd. (KOSE:A143160) completed the acquisition of 49.55% stake in HD Pro Co.,Ltd. on October 31, 2012.
NewGLab Pharma Co Ltd, formerly NewGLab Co Ltd, is a company mainly engaged in the manufacturing and sale of closed-circuit television (CCTV) cameras. The Company's product portfolio consists of general analog cameras that used for CCTVs, high definition (HD) analog cameras, HD-serial digital interface (SDI) cameras, extend (EX)-SDI cameras, internet protocol (IP) cameras that used for network CCTVs, digital video recorders (DVRs) that used for image storage devices, network video recorders (NVRs) and others. In addition, the Company is involved in the business of 5G smartphone distribution. The Company distributes its products within domestic market and to overseas markets.