Yesty Acquires 2.9 Billion KRW Stake in Yes Power Technics
[Asia Economy Reporter Ji Yeon-jin] YesTY, a KOSDAQ-listed company, announced on the 3rd that it will acquire 26,666 shares of its affiliate Yes Power Technics for approximately 2.9 billion KRW.
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The share acquisition is from shares held by CEO Jang Dong-bok, and the company explained that it is aimed at expanding Yes Power Technics' stake and fostering the growth of the Sic power semiconductor business.
This content was produced with the assistance of AI translation services.
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