An unknown buyer completed the acquisition of 4.7% stake in G-treeBNT Co., Ltd. from Yuyang D&U Co.,Ltd. for KRW 15.3 billion.
March 19, 2020
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An unknown buyer acquired 4.7% stake in G-treeBNT Co., Ltd. (KOSDAQ:A115450) from Yuyang D&U Co.,Ltd. (KOSE:A011690) for KRW 15.3 billion on March 20, 2020. As per the terms, Yuyang D&U Co.,Ltd will dispose 1.2 million shares. Post acquisition, Yuyang D&U Co.,Ltd will hold 406,705 shares representing 1.6% stake.
An unknown buyer completed the acquisition of 4.7% stake in G-treeBNT Co., Ltd. (KOSDAQ:A115450) from Yuyang D&U Co.,Ltd. (KOSE:A011690) on March 20, 2020.
HLB Therapeutics Co Ltd, formerly G-treeBNT Co Ltd, is a Korea-based company engaged in the research and development of optimized multimedia software for various digital appliances including cellular phones. Along with its affiliates, the Company operates solution business segment, which provides embedded graphic user interface (GUI) software solutions as well as wired and wireless integration multimedia platform solutions. Its embedded GUI products include FXUI-two-dimensional (2D), FXUI-three-dimensional (3D) and FX Studio, which are used for cellular phones and embedded equipment. Its wired and wireless integration multimedia platform products include FX-Flash and others, which are used for cellular phones and other mobile devices; electronic components manufacturing business segment, which provides transformers, pumps, motors and others, as well as educational and bio pharmaceutical business segments.
HLB THERAPEUTICS CO.,LTD. 