Inactive Instrument

Innowise Co.,Ltd

Equities

A086250

KR7086250008

Auto, Truck & Motorcycle Parts

E Investment&Development Co., Ltd. agreed to acquire GE Solar Co.,Ltd. from Hwashin Tech Co., Ltd. for KRW 21 billion.

July 01, 2019

E Investment&Development Co., Ltd. (KOSE:A093230) agreed to acquire GE Solar Co.,Ltd. from Hwashin Tech Co., Ltd. (KOSDAQ:A086250) for KRW 21 billion on July 2, 2019. E Investment&Development Co., Ltd. will acquire 1.2 million shares. Payment of KRW 1 billion is made on June 14, 2019 and KRW 20 billion on July 2, 2019.

Transaction will be financed from own funds of E Investment&Development Co., Ltd. Date of Board Resolution is July 2, 2019. Sale proceeds will be used for working capital.

Latest news about Innowise Co.,Ltd

Innowise Co.,Ltd cancelled the transaction announced on February 7, 2023	23-02-21	CI
Innowise Co.,Ltd announced that it expects to receive KRW 15 billion in funding from E-Tron Co., Ltd, Yk Partners Co., Ltd.	23-02-06	CI
Innowise Co.,Ltd cancelled the transaction announced on January 3, 2023	23-01-26	CI
Innowise Co.,Ltd announced that it expects to receive KRW 15 billion in funding	23-01-02	CI
Innowise Co.,Ltd announced that it expects to receive KRW 30.5 billion in funding from Winforsys Co.,Ltd and other investors	20-12-31	CI
Innowise Co.,Ltd cancelled the transaction announced on December 26, 2019	20-06-08	CI
Hwashin Tech Co., Ltd. cancelled the acquisition of 73.8% stake in Dh E-Biz Co., Ltd.	20-03-25	CI
Hwashin Tech Co., Ltd. announced that it has received KRW 7.99999998 billion in funding	20-01-30	CI
Innowise Co.,Ltd announced that it expects to receive KRW 20 billion in funding from Innowisw Korea Co., Ltd	19-12-25	CI
Hwashin Tech Co., Ltd. announced that it expects to receive KRW 7.99999998 billion in funding	19-12-23	CI
E Investment&Development Co., Ltd. agreed to acquire GE Solar Co.,Ltd. from Hwashin Tech Co., Ltd. for KRW 21 billion.	19-07-01	CI
Hwashin Tech Co., Ltd. cancelled the acquisition of GE Solar Co.,Ltd from Kim Yongho.	19-07-01	CI
Hwashin Tech Co., Ltd. announced that it has received KRW 1 billion in funding from Korea Securities Finance Corporation, Investment Arm	19-04-29	CI
An unknown buyer acquired 2.24% stake in Hwashin Tech Co., Ltd. from Hans Eng Corp. for approximately KRW 1 billion.	19-04-04	CI
Hwashin Tech Co., Ltd. announced that it has received KRW 2 billion in funding	19-04-01	CI
Hwashin Tech Co., Ltd. agreed to acquire 73.8% stake in Dh E-Biz Co., Ltd. for KRW 5 billion.	19-03-25	CI
Hwashin Tech Co., Ltd. announced that it has received KRW 999.99837 million in funding	19-03-24	CI
Hwashin Tech Co., Ltd. completed the acquisition of GE Solar Co.,Ltd from Kim Yongho.	19-02-10	CI
Hwashin Tech Co., Ltd. completed the acquisition of 4.53% stake in U-Tech Co., Ltd. from Foxbrain Holdings Co., Ltd.	19-02-10	CI
Hwashin Tech Co., Ltd. announced that it has received KRW 10.00001 billion in funding	19-01-31	CI
Hwashin Tech Co., Ltd. announced that it has received KRW 1 billion in funding from CMG International Pty., Ltd.	19-01-15	CI
Hwashin Tech Co., Ltd. announced that it expects to receive KRW 13.99999822 billion in funding	19-01-09	CI
Hwashin Tech Co., Ltd. announced that it expects to receive KRW 999.99768 million in funding	19-01-03	CI
Haenim Company, Hans Eng Corp and 16 others completed the acquisition of 47.39% stake in Hwashin Tech Co., Ltd. from group of sellers.	18-12-27	CI
BP Investment Korea Co., Ltd. signed a contract to acquire 4.53% stake in U-Tech Co., Ltd. from Foxbrain Holdings Co., Ltd for KRW 10 billion.	18-11-20	CI

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Company Profile

INNOWISE CO., LTD, formerly Hwashin Tech co., LTD, is a Korea-based company mainly engaged in the manufacture and sale of press tooling for automobiles. The Company's products portfolio consists of general tooling including chassis panel tooling and body tooling used for automobile bodies and chassis panels, and special tooling including high strength steels tooling, hot press forming tooling, hydro forming tooling and progressive tooling used for automobile chassis pipes. It also involves in the sale of steel plates and welding rods. The company distributes its products within domestic market and to overseas markets.

Sector

Auto, Truck & Motorcycle Parts

More about the company

Sector Automotive Body Parts

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