SG Shinsung Engineering and Construction Co., Ltd. acquired additional 4.5% stake in MK Electron Co., Ltd. for KRW 10.5 billion.
December 12, 2017
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SG Shinsung Engineering and Construction Co., Ltd. acquired additional 4.5% stake in MK Electron Co., Ltd. (KOSDAQ:A033160) for KRW 10.5 billion on December 11, 2017. Under the terms of the transaction, SG Shinsung Engineering and Construction Co., Ltd. acquired approximately 0.98 million shares at KRW 10,710 per share. As a result of this acquisition, SG Shinsung Engineering and Construction Co., Ltd. increased its holding in MK Electron Co., Ltd. to 5.7%.
SG Shinsung Engineering and Construction Co., Ltd. completed the acquisition of additional 4.5% stake in MK Electron Co., Ltd. (KOSDAQ:A033160) on December 11, 2017.
MK ELECTRON CO., LTD. is a Korea-based company engaged in the manufacture of semiconductor package components. The Companyâs product portfolio consist of bonding wires, including gold bonding wires, Au-Ag alloy bonding wires, copper bonding wires and others, which are the materials for semiconductors manufacture that connect leads and silicon chips to transmit electrical signals; solder balls, which are the electronics solder parts that attach semiconductor chips, circuit modules and printed circuit boards (PCBs) to transmit electrical signals, as well as gold evaporate materials and gold sputtering targets. The Company distributes its products within domestic market and to overseas markets. On April 3, 2013, the Company established a new wholly owned subsidiary, MK Investment Co.,LTD, mainly engaged in the asset investments.
MK ELECTRON CO., LTD. 
