Microtech "Additional Acquisition of Entucell Shares Worth 10 Billion KRW"... Stake at 16.4%
[Asia Economy Reporter Song Seung-yoon] Microtech, a KOSDAQ-listed company, announced on the 28th that it will additionally acquire 12,500 shares of N2Cell, a new material research and development and battery material manufacturing company, for 10 billion KRW.
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After the stock acquisition, Microtech's stake in N2Cell will be 16.4%. The scheduled date for the stock acquisition is the day of the announcement. Microtech stated that the purpose of this stock acquisition is "business diversification."
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