Disclosure Plus

WiSoL CO., LTD. Acquires 18.9 Billion Won Worth of Shares in Affiliate NR Lab… Secures 100% Stake

[Edaily Reporter Park Sun-Yeop ] WiSoL CO., LTD.(122990)announced on the 23rd that it has decided to acquire 8 million shares of its affiliate, NR Lab, for 18.896 billion won.
The acquisition amount represents 6.4% of WiSoL CO., LTD.’s equity capital of 294.70614 billion won. The scheduled acquisition date is today.
This acquisition involves purchasing all outstanding shares of NR Lab in cash from DAEDUCK Co.,LTD, an existing shareholder. Following the acquisition, WiSoL CO., LTD. will hold 8 million shares of NR Lab, representing a 100% stake.
NR Lab is a company engaged in the manufacture of electronic components, with a capital of 40 billion won.
WiSoL CO., LTD. stated that the purpose of this stake acquisition is to “secure Tx module technology and streamline the operation of its RF business.”

Economy

Corporation

IT·Science

Economy

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