Shinhwa Contech Co., Ltd (KOSDAQ:A187270) agreed to acquire Shinhwa M-Tech Co., Ltd. on October 23, 2019. Shinhwa Contech Co., Ltd (KOSDAQ:A187270) entered into an agreement to acquire Shinhwa M-Tech Co., Ltd. on October 28, 2019. As on September 30, 2019, Shinhwa M-Tech reported total assets of KRW 7.1 billion, total debt of KRW 7.4 billion. As of November 26, 2019, this transaction received Approval of Shareholders Meeting Board of Directors of Shinhwa Contech and Shinhwa M-Tech.
Shinhwa Contech Co., Ltd (KOSDAQ:A187270) completed the acquisition of Shinhwa M-Tech Co., Ltd. on December 31, 2019.
Shin Hwa Contech Co., Ltd. is a Korea-based company engaged in the manufacture of electronic connectors. The Companyâs products consist of connectors used for mobile applications, such as micro (universal serial bus) USB 2.0 sockets, micro USB 3.0 sockets, micro USB 3.0 plugs, board to board connectors, subscriber identification module (SIM) connectors and others; connectors used for hard disk drives (HDDs), such spindle motors, head stacks and others, and connectors used for displays, such as low-voltage differential signaling (LVDS) series, wire to board series, wafers, light emitting diode (LED) bar connectors and others.
SHINHWA CONTECH CO., LTD 
