T Scientific Acquires 60% Stake in Plutos DS for 24.1 Billion KRW
[Asia Economy Reporter Jang Hyowon] T Scientific announced on the 11th that it will acquire 106,218 shares (60.36%) of PlutosDS for 24.1 billion KRW.
The acquisition amount corresponds to 10.88% of its equity capital and is a cash acquisition. The purpose of the acquisition is to enter a new business.
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PlutosDS operates a virtual asset exchange. As of the end of last year, it recorded sales of 167 million KRW and a net loss of 2.276 billion KRW.
This content was produced with the assistance of AI translation services.
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