MagicMicro Withdraws $33.8 Billion Investment in US Cloud Company
Magic Micro announced on the 16th that it has decided to withdraw its previous decision to acquire 5,874,980 shares (20% stake after acquisition) of the US cloud management service company 'Monsoon Blockchain Storage' through a paid-in capital increase by acquiring new shares (preferred shares) for 33.87 billion KRW.
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