Daejoo Electronic Materials Co Ltd agreed to acquire an unknown stake DAEJOO US., LLC for approximately KRW 330 million.
August 06, 2013 at 12:00 am EDT
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Daejoo Electronic Materials Co Ltd (A078600:KOE) agreed to acquire an unknown stake DAEJOO US., LLC for approximately KRW 330 million on August 6, 2013. The transaction received Board of Directors resolution on August 6, 2013. The transaction is expected to complete on August 14, 2013.
Daejoo Electronic Materials Co., Ltd. is a Korea-based company engaged in the manufacture of electronic materials. The Companyâs product portfolio consists of conductive materials, such as pastes for disk ceramic applications, dielectric filters, chip inductors and others, and electrode pastes for chip resistors, among others; phosphor materials, which are used for plasma display panels (PDPs), cold cathode fluorescence lamps (CCFLs) and light emitting diode (LED); polymer materials, such as insulation materials, epoxies, epoxy coating powders, semiconductor materials and others, glass materials, nano materials, metal power materials, phosphor materials, and organic LED materials. Through its subsidiary, it manufactures and distributes insulation materials and conductive pastes used for white household appliance components in China market.
DAEJOO ELECTRONIC MATERIALS CO., LTD. 
