Cowintech Decides to Acquire Additional 16.1 Billion KRW Worth of Top Material Shares
[Asia Economy Reporter Minji Lee] Cowintech announced on the 11th that it has decided to acquire 187,688 shares of Top Material, a company related to secondary batteries, for 16.1224 billion KRW. The number of shares owned will be 297,551, with a post-acquisition stake of 50%.
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The stock acquisition will be conducted through a third-party allotment paid-in capital increase. The company explained that it is "for entering new businesses and expanding business areas."
This content was produced with the assistance of AI translation services.
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