Mobis "Additional Acquisition of Subsidiary Blockbase Shares for 900 Million KRW"
[Asia Economy Reporter Kim Hyo-jin] Mobis announced on the 13th that it will additionally acquire 37,600 shares of Blockbase, a subsidiary providing a blockchain-based P2P advertising platform and solutions, for 940 million KRW.
After the stock acquisition, Mobis's stake in Blockbase will be 82.3%. The scheduled date for the stock acquisition is the 14th.
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Mobis explained the purpose of this stock acquisition as "improving financial structure, expanding core technology research and development (R&D) capabilities, and enhancing profitability through active business expansion."
This content was produced with the assistance of AI translation services.
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