Inactive Instrument

GeumVit Corp

Equities

A045890

KR7045890001

Electrical Components & Equipment

Dayou Holdings Co., Ltd. signed a share purchase agreement to acquire 46.9% stake in Dongbu Daewoo Electronics Corporation from DB Inc., DB HiTek Co.,Ltd., DB Lightec Co., Ltd., Dongbu Steel Structure Inc., and Joonki Kim for KRW 33.4 billion.

February 10, 2018

Dayou Holdings Co., Ltd. signed a share purchase agreement to acquire 46.9% stake in Dongbu Daewoo Electronics Corporation from DB Inc. (KOSE:A012030), DB HiTek Co.,Ltd. (KOSE:A000990), DB Lightec Co., Ltd. (KOSDAQ:A045890), Dongbu Steel Structure Inc., and Joonki Kim for KRW 33.4 billion recently. Under the terms of the transaction, Dayou Holdings Co., Ltd. will acquire 16.9 million shares and 13.7 million preferred shares each at KRW 1,092 per share. Dayou Holdings will separately run Daewoo Electronics and Dayou Winia.

In overseas, Dayou Holdings will integrate the brands to one “Winia Daewoo”. The transaction is expecetd to close on February 28, 2018.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	DB HITEK CO., LTD.	42,250 KRW	-2.09%	-2.54%	1.33B
	DB INC.	1,399 KRW	-0.99%	-2.51%	200M

Latest news about GeumVit Corp

GeumVit Corp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-14	CI
GeumVit Corp announced that it has received KRW 10 billion in funding	21-08-12	CI
GeumVit Corp cancelled the transaction announced on December 23, 2020	21-07-05	CI
GeumVit Corp announced that it expects to receive KRW 10 billion in funding	21-01-26	CI
GeumVit Corp announced that it expects to receive KRW 10 billion in funding	20-12-22	CI
GeumVit Corp announced that it has received KRW 6.999999318 billion in funding from Clam Co., Ltd	20-08-25	CI
GeumVit Corp announced that it expects to receive KRW 3.599999744 billion in funding from Clam Co., Ltd	20-06-29	CI
GeumVit Corp acquired SC Ajax Co., Ltd. for KRW 3.9 billion.	20-04-13	CI
GeumVit Corp acquired JLP Engineering Co., Ltd. for KRW 3.6 billion.	20-04-13	CI
GeumVit Corp announced that it has received KRW 4.49991 billion in funding	20-04-13	CI
GeumVit Corp Auditor Raises 'Going Concern' Doubt	20-03-12	CI
GeumVit Corp announced that it has received KRW 35.99999854 billion in funding from Sangsangin Investment & Securities Co.,Ltd., Investment Arm, Clam Co., Ltd	19-08-07	CI
GeumVit Corp announced that it has received KRW 30 billion in funding from Choeun Mutual Savings Bank, Investment Arm, SC Lowy Financial (HK) Limited, Investment Arm	19-03-06	CI
DB Lightec Co., Ltd. announced that it expects to receive KRW 30 billion in funding from Choeun Mutual Savings Bank, Investment Arm, SC Lowy Financial (HK) Limited, Investment Arm	19-02-11	CI
Fructus Corp completed the acquisition of 25.82% stake in DB Lightec Co., Ltd. from DB Inc. and DB HiTek Co.,Ltd..	18-12-04	CI
DB Lightec Co., Ltd. announced that it expects to receive KRW 41.4000001 billion in funding	18-10-25	CI
Fructus Corp signed a contract to acquire 25.82% stake in DB Lightec Co., Ltd. from DB Inc. and DB HiTek Co.,Ltd. for KRW 13.6 billion.	18-10-25	CI
Dayou Holdings Co., Ltd. completed the acquisition of 46.9% stake in Dongbu Daewoo Electronics Corporation from DB Inc., DB HiTek Co.,Ltd., DB Lightec Co., Ltd., Dongbu Steel Structure Inc., and Joonki Kim.	18-02-27	CI
Dayou Holdings Co., Ltd. signed a share purchase agreement to acquire 46.9% stake in Dongbu Daewoo Electronics Corporation from DB Inc., DB HiTek Co.,Ltd., DB Lightec Co., Ltd., Dongbu Steel Structure Inc., and Joonki Kim for KRW 33.4 billion.	18-02-10	CI
Lumify Inc. completed the acquisition of Dongbu Lightec Canada Inc. from DB Lightec Co., Ltd. and Raku Corporation.	18-01-10	CI
Lumify Inc. agreed to acquire Dongbu Lightec Canada Inc. from DB Lightec Co., Ltd. and Raku Corporation for CAD 55 million.	18-01-08	CI
Dongbu Lightec Co., Ltd. announced that it has received KRW 4 billion in funding	16-06-16	CI
Dongbu Lightec Co., Ltd. announced that it expects to receive KRW 4 billion in funding	16-06-14	CI
Dongbu Lightec Co., Ltd. announced that it has received KRW 5 billion in funding from Synergy Partners Co., Ltd..	15-06-18	CI
Dongbu Lightec Co., Ltd. announced that it expects to receive KRW 5 billion in funding from Synergy Partners Co., Ltd..	15-06-14	CI

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Company Profile

GeumVit Corp, formerly DB Lightec Co., Ltd., is a company mainly engaged in the manufacturing and sale of light emitting diode (LED) lighting devices. Along with subsidiaries, the Company operates its business through two segments. The LED Lighting segment provides general LED lights, including LumiDas series, LED bulbs, LED fluorescent lights, LED panels and others; LED lights for advertisement, including LumiSheet Series, bulbs, panels and others, and special lights, such as spot lights, street lights, security lights and others. The Computerized Numerical Control (CNC) Equipment segment provides CNC equipments and laser cutting machines, which are used for precision processing of electronics, high-speed machining process of acrylics, die cutting and glass processing industries. The Company distributes its products within domestic market and to overseas markets.

Sector

Electrical Components & Equipment

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Lighting Equipment