Nexten "Acquires 10 Billion KRW Worth of Shares in Subsidiary NexIDLab"
[Asia Economy Reporter Hwang Yoon-joo] Nexten announced on the 9th that it will acquire 1.98 million shares of NexID Lab, a subsidiary (planned) for discovering and evaluating domestic and international pharmaceutical bio ventures, for approximately 10 billion KRW.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "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 acquiring the shares, Nexten's stake in NexID Lab will be 100%. The scheduled date for the share acquisition is the same day as the announcement. Nexten stated that the purpose of this share acquisition is "entry into new business."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
