Semiconlight Decides to Transfer Investment Securities in Other Companies Worth 13.5 Billion KRW
[Asia Economy Reporter Minji Lee] Semiconlight announced on the 18th that it has decided to transfer 2,513,359 shares of stock issued by Act, a manufacturer and seller of flexible printed circuit boards, to Yang Yang-hoon and six others to improve its financial structure. After the transfer, Semiconlight's shareholding ratio will be 18.13%. The transfer amount is approximately 13.572 billion KRW, which corresponds to 36% of its equity capital. The scheduled transfer date is the 23rd of next month.
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