Seoyeon Co., Ltd. (KOSE:A007860) agreed to acquire Jisansoft Co., Ltd. on December 5, 2016. Post-acquisition, the subsidiaries of Seoyeon Co., Ltd. increased from 6 to 7. In recent business financial year, Jisansoft Co., Ltd. had KRW 2 billion and total shareholders' equity of KRW 1.3 billion. On December 5, 2016, the transaction was resolved by the Board of Directors of Seoyeon Co., Ltd.
Seoyeon Co., Ltd. (KOSE:A007860) completed the acquisition of Jisansoft Co., Ltd. on December 12, 2016.
SEOYEON CO. LTD., formerly HAN IL E WHA CO., LTD., is a Korea-based company mainly engaged in the manufacture and distribution of automobile interior parts and accessories. The Company produces door trims, car seats, head linings, covering shelves, package trays, screen assemblies, pillar trims, key sets, multifunction switches, power window switches and others, which are mainly used for automobiles. The Company's main customers include Hyundai Motor Company and KIA Motors Corporation. The Company distributes its products within domestic market and to overseas markets, including Europe, China, India, America and others.
SEOYON CO., LTD. 