Semisysco Decides to Acquire 7% Stake in Edison Motors for 30 Billion KRW
[Asia Economy Reporter Minwoo Lee] Semisysco announced on the 27th that it has decided to acquire 500,000 shares (7.04%) of Edison Motors for 30 billion KRW in cash. This amount corresponds to 175.46% of its equity capital. The scheduled acquisition date is the 14th of next month. Semisysco explained that this decision was made to expand its electric vehicle business.
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