An unknown buyer acquired Future Smart Farm Co., Ltd. from Yuyang D&U Co.,Ltd. for KRW 300 million.
June 30, 2021
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An unknown buyer acquired Future Smart Farm Co., Ltd. from Yuyang D&U Co.,Ltd. (KOSE:A011690) for KRW 300 million on June 30, 2021. As per the transaction, buyer acquired 0.017 million shares representing 100% stake of Future Smart Farm Co., Ltd. The Board of Directors has passed the resolution for the transaction. Completion was expected on June 30, 2021.
An unknown buyer completed the acquisition of Future Smart Farm Co., Ltd. from Yuyang D&U Co.,Ltd. (KOSE:A011690) on June 30, 2021.
Y2 Solution Co Ltd, formerly Yuyang D&U Co Ltd is a Korea-based company mainly engaged in the manufacture and sale of power supply equipment. The Company operates its business through four segments. The Switching Mode Power Supply (SMPS) segment engages in the manufacture and sale of SMPSs for liquid crystal display (LCD), light emitting diode (LED), smart, organic light emitting diode (OLED), and ultra high definition television (UHD TV). The LED segment provides LED lighting products. The Chemical Wholesale segment operates a distribution business that mainly imports petrochemical intermediate raw materials and solvent cleaners from China and Japan, supplies them to demanding enterprises. The Other Business segment is engaged in the development of new biopharmaceuticals, and others.
Y2 SOLUTION CO., LTD 