Sohee Kim, Mbro Construction Co. and MmK Insight Co., Ltd. agreed to acquire 13.15% stake in Philosys Healthcare Co., Ltd.
July 15, 2020
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Sohee Kim, Mbro Construction Co. and MmK Insight Co., Ltd. agreed to acquire 13.15% stake in Philosys Healthcare Co., Ltd (KOSDAQ:A057880) for KRW 19 billion on July 15, 2019. KRW 7 billion was paid on July 15, 2019 and balance KRW 12 billion will be paid on July 16, 2019. The consideration will be paid in cash. A total of 3.9 million shares will be acquired where Sohee Kim will acquire 2.9 million shares at KTW 5,000 each, Mbro Construction will acquire 0.75 million shares at KRW 4,300 each and MmK Insight will acquire 0.26 million shares at KRW 4,300 each. The Board of Philosys Healthcare resolved the transaction on July 15, 2019. Daejoo Accounting Corporation acted as the External Evaluation Body.
Sohee Kim, Mbro Construction Co. and MmK Insight Co., Ltd. cancelled the acquisition of 13.15% stake in Philosys Healthcare Co., Ltd (KOSDAQ:A057880) on July 15, 2020.
Green Pine Tree Co Ltd, formerly PHC Co Ltd, is a Korea-based company principally engaged in the wholesale and retail of medical supplies. The Company is principally engaged in the wholesale and retail of medical supplies such as corona virus disease 2019 (COVID-19) antigen diagnostic kits, rapid antigen diagnostic kits, specimen collection kits. The Company is engaged in the miscellaneous goods and clothing distribution business. In addition, the Company is engaged in the provision of senior care services such as day care center services and in-home care services. The Company is also engaged in the rental of real estate.