[Asia Economy Reporter Kwon Jae-hee] Chamzon Global announced on the 25th that it has decided to acquire 2,886,648 shares (95.36%) of CS Enertech, a battery manufacturer.


The acquisition amount is 18,165.37 million KRW, which corresponds to 60.64% of total assets and 68.22% of equity capital.


The scheduled acquisition date is August 29.



The company stated that the reason for the acquisition is "entry into new business and business diversification."


This content was produced with the assistance of AI translation services.

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