SKC Co., Ltd. agreed to acquire an unknown stake in ISC Co., Ltd. from Mason Cactus Innovation Growth Investment Association No. 1, Helios Private Equity Fund 1 Co., Ltd. and Jeong Young-bae for KRW 370 billion.
July 06, 2023
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SKC Co., Ltd. (KOSE:A011790),Helios Private Equity Fund 8 managed by Helios Private Equity agreed to acquire a 39.226825% stake in ISC Co., Ltd. (KOSDAQ:A095340) from Mason Cactus Innovation Growth Investment Association No. 1, Helios Private Equity Fund 1 Co., Ltd. and Jeong Young-bae for KRW 370 billion on July 7, 2023. The transaction is expected to close on September 27, 2023.
ISC Co., Ltd. is a Korea-based company engaged in the manufacture of components for semiconductor and electronics testing equipment. Along with its subsidiaries, the Company operates in manufacturing and restaurant businesses. Its manufacturing business manufactures three categories of products: test sockets, including integrated silicone contactors (ISCs), V-contactors, integrated silicone lead frames (ISLFs), memory module sockets and various manual test solutions; burn-in sockets and cycling sockets, which are used for ball grid array (BGA), land grid array (LGA), micro lead frames (MLFs), quad flat no leads (QFN) packages and others, and interposers, which are used for probe cards and pad to pad interconnections. On March 27, 2014, the Company completed the establishment of a wholly-owned subsidiary namely JSR MICROTECH,INC.
SKC Co., Ltd. agreed to acquire an unknown stake in ISC Co., Ltd. from Mason Cactus Innovation Growth Investment Association No. 1, Helios Private Equity Fund 1 Co., Ltd. and Jeong Young-bae for KRW 370 billion.
ISC CO., LTD. 
