EXT, Additional Acquisition of KHM Media Shares for 6.2 Billion KRW
[Asia Economy Reporter Yoo Hyun-seok] EX.T announced on the 26th that it will additionally acquire 12.4 million shares of its subsidiary KHM Media, which is engaged in film production, import distribution, and distribution business, for 6.2 billion KRW.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
After the acquisition, EX.T's stake in KHM Media will be 51.7%. EX.T stated, "The acquisition method is a capital conversion due to offsetting a loan of 6.2 billion KRW." It further explained the purpose of the stock acquisition as "achieving management objectives through business diversification."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
