IDIS Holdings Co., Ltd. acquired an additional 22.5% stake in Intelligent Digital Integrated Security Co., Ltd. from Kim, Yeong-Dal and other shareholders.
May 08, 2012 at 12:00 am EDT
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IDIS Holdings Co., Ltd. (KOSE:A054800) acquired an additional 22.5% stake in Intelligent Digital Integrated Security Co., Ltd. (KOSE:A143160) from Kim, Yeong-Dal and other shareholders in stock on May 8, 2012. Kim, Yeong-Dal sold 13.4% stake in Intelligent Digital Integrated Security and now holds 3.81% stake. Post transaction, IDIS Holdings Co., Ltd. will hold 38.15% stake in Intelligent Digital Integrated Security Co., Ltd.
IDIS Holdings Co., Ltd. (KOSE:A054800) completed the acquisition of an additional 22.5% stake in Intelligent Digital Integrated Security Co., Ltd. (KOSE:A143160) from Kim, Yeong-Dal and other shareholders on May 8, 2012.
IDIS Holdings Co., Ltd. is a Korea-based holding company mainly engaged in the management of its subsidiaries. The Companyâs main subsidiaries include Intelligent Digital Integrated Security Co., Ltd., which is mainly engaged in the development, manufacture and distribution of digital video recorders (DVRs) used for video surveillance areas; KORTEK CORPORATION, specialized in the development, manufacture and distribution of monitors for industry uses, and IDP Corp., Ltd., which is mainly engaged in the development, manufacture and distribution of identification (ID) card printers. The Company's affiliated companies also include Matrix Network Inc, IDIS Europe Limited, Revo America Corporation and HD PRO CO., LTD, which are engaged in the distribution of DVRs, and manufacture of closed circuit television (CCTV) cameras.
IDIS Holdings Co., Ltd. acquired an additional 22.5% stake in Intelligent Digital Integrated Security Co., Ltd. from Kim, Yeong-Dal and other shareholders.