SBI-growth Growth Ladder KONEX Vitalization Fund managed by SBI-growth Growth Ladder KONEX Vitalization Fund acquired 4.17% stake in MG MED, Inc. from Psoma Therapeutics, Inc. for KRW 1.8 billion.
April 03, 2015 at 09:30 am IST
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SBI-growth Growth Ladder KONEX Vitalization Fund managed by SBI-growth Growth Ladder KONEX Vitalization Fund acquired 4.17% stake in MG MED, Inc. from Psoma Therapeutics, Inc. for KRW 1.8 billion on March 27, 2015. Psoma Therapeutics, Inc. sold 0.07 million shares at the price of KRW 25,000 per share and reduced its holding to 0.13 million shares.
SBI-growth Growth Ladder KONEX Vitalization Fund managed by SBI-growth Growth Ladder KONEX Vitalization Fund completed the acquisition of 4.17% stake in MG MED, Inc. from Psoma Therapeutics, Inc. on March 27, 2015.
SBI Investment KOREA Co., Ltd. is a Korea-based company mainly engaged in the venture capital business. The Company mainly operates venture investment business, which focuses on the companies operating in biotechnology, computers and peripherals, electronics and components, environment, Internet, energy, media and entertainment, networking and equipment, semiconductors, software and others. The Company is also involved in corporate restructuring business, which provides recapitalization, restructuring and reorganization and others, and mergers and acquisitions (M&A) business.
SBI-growth Growth Ladder KONEX Vitalization Fund managed by SBI-growth Growth Ladder KONEX Vitalization Fund acquired 4.17% stake in MG MED, Inc. from Psoma Therapeutics, Inc. for KRW 1.8 billion.
SBI INVESTMENT KOREA CO., LTD. 
