NeonTech Acquires Industrial Robot Parts Manufacturer
[Asia Economy Reporter Choi Dae-yeol] NeonTech has decided to sell 1 billion KRW worth of its treasury stock over-the-counter to acquire KYS. KYS is a distributor of industrial robot automation parts, and the company plans to acquire 100% of the shares for 2.5 billion KRW. The remaining 1.5 billion KRW will be paid in cash.
Hot Picks Today
At President Lee's Call to "Give Enough to Shock," Whistleblower Rewards Become a Real Lottery
- If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Lived as Family for Over 30 Years... Daughter-in-Law Cast Aside After Husband's Death
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.