Chamzon Global Decides to Acquire 95.36% of CS Enertech Shares for 18.1 Billion KRW
[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.
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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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