An unknown buyer acquired 13% stake in INVENIA Co., Ltd. from LG Display Co., Ltd..
November 13, 2019
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An unknown buyer acquired 13% stake in INVENIA Co., Ltd. (KOSDAQ:A079950) from LG Display Co., Ltd. (KOSE:A034220) in September 2019. LG Display sold 3 million shares of Invenia which led to a disposal gain of KRW 4.3 billion.
An unknown buyer completed the acquisition of 13% stake in INVENIA Co., Ltd. (KOSDAQ:A079950) from LG Display Co., Ltd. (KOSE:A034220) in September 2019.
INVENIA Co.,Ltd., formerly LIG INVENIA Co.,Ltd., is a Korea-based company mainly engaged in the manufacture of liquid crystal display (LCD) manufacturing equipment and inception equipment. The Company's products include LCD front-end equipment, including dry etchers and vacuum alignment system (VAS) equipment; inspection equipment, including thin film transistor (TFT) automated optical inspection (AOI) equipment, color filter (CF) AOI equipment and macro inspection systems, as well as organic light-emitting diode (OLED) and LED equipment, such as metal organic chemical vapor deposition (MOCVD) equipment. The Company distributes its products within domestic market and to overseas markets.