HiSonic "Acquires 30,000 Shares of GNT"
[Asia Economy Reporter Minji Lee] HiSonic announced on the 14th that it will acquire 30,000 shares of GNT, a weapons and ammunition manufacturing company. The acquisition amount is 15 billion KRW, which corresponds to 133% of its equity capital.
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The shareholding ratio after the stock acquisition will be 100%. The company explained, "This is the share ratio of the remaining shares excluding 10,000 treasury shares from the total issued 40,000 common shares," and added, "The acquisition was decided to diversify business and secure operational continuity." The scheduled acquisition date is September 29.
This content was produced with the assistance of AI translation services.
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