Tae-Seong Song cancelled the acquisition of 1.73% stake in PC Direct, Inc. from Hyeong-Jin Song for approximately KRW 240 million.
September 02, 2013 at 09:30 am IST
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Tae-Seong Song acquired 1.73% stake in PC Direct, Inc. (KOSE:A051380) from Hyeong-Jin Song for approximately KRW 240 million on August 26, 2013. Under the transaction, Hyeong-Jin Song sold 0.07 million shares of PC Direct at KRW 3675 per share and post transaction holds a 7.84% stake in PC Direct. Tae-Seong Song completed the acquisition of 1.73% stake in PC Direct, Inc. (KOSE:A051380) from Hyeong-Jin Song on August 26, 2013.
Tae-Seong Song cancelled the acquisition of 1.73% stake in PC Direct, Inc. (KOSE:A051380) from Hyeong-Jin Song on August 30, 2013.
PC Direct, Inc. is a Korea-based company specialized in the distribution of computer hardware and peripherals. The Company is the authorized distribution agent for Intel, Seagate, Microsoft, Foxconn and others. The Company mainly provides central processing units (CPUs), servers, hard disk drives (HDDs), floppy disk drives (FDDs), solid state disks (SSDs) displays, memories, mother boards, video graphics array (VGA) cards, notebook computers, software and other computer peripheral products. The Company distributes its products within domestic market and to overseas markets.