Jieosoft Decides to Acquire 100% Stake in Subsidiary JieoSolution
[Asia Economy Reporter Lee Seon-ae] GeoSoft announced on the 4th that it has decided to acquire 2 million shares (100%) of its subsidiary GeoSolution.
The acquisition amount is 10 billion KRW, which corresponds to 43.79% of the company's equity capital. The scheduled acquisition date is the 12th of this month.
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The company stated, "This is to diversify our business by entering the electric vehicle secondary battery material manufacturing industry."
This content was produced with the assistance of AI translation services.
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