Apro "Additional Acquisition of Aprosemicon Shares for 6 Billion Won"

[Asia Economy Reporter Kim Hyo-jin] Apro announced on the 27th that it will additionally acquire 1.19 million shares of its GaN power semiconductor subsidiary Aprosemicon for approximately 6 billion KRW.

After the stock acquisition, Apro's stake in Aprosemicon will be 97.3%. The scheduled date for the stock acquisition is the 29th.

Apro explained the reason for the acquisition as "to promote the GaN power semiconductor business."

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