KUKBO Logistics Co., Ltd. acquired 9.06235% stake in ISE Commerce Company Limited from Ocean New Wave New Technology Association No. 1 for KRW 21.5 billion.
March 05, 2023
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KUKBO Logistics Co., Ltd. (KOSE:A001140) acquired 9.06235% stake in ISE Commerce Company Limited (KOSDAQ:A069920) from Ocean New Wave New Technology Association No. 1 for KRW 21.5 billion on March 6, 2023.
KUKBO Logistics Co., Ltd. (KOSE:A001140) completed the acquisition of 9.06235% stake in ISE Commerce Company Limited (KOSDAQ:A069920) from Ocean New Wave New Technology Association No. 1 on March 6, 2023.
ISE Commerce Company Limited is a Korea-based company engaged in the electronic commerce business. The Company engages in the provision of overseas and domestic shopping agency services through Internet catalogues: WIZWID, SKINRx, HauOlin, Sports25 and others. WIZWID provides apparels, shoes, bags and others. SKINRx mainly provides skin care products, body and hair care products, make-ups, fragrances and others. HauOlin provides living and home related items such as fabrics, furniture, kitchen and bath appliances and others. Sports25 principally provides leisure lifestyle sports goods. The Company also involves in the offline business, operating Wconcept store, Ntrend project, HanOlin store, and Jinny Kim Store. On April 1, 2013, the Company divested its brand-Jinny Kim business into a newly established wholly owned subsidiary.
KUKBO Logistics Co., Ltd. acquired 9.06235% stake in ISE Commerce Company Limited from Ocean New Wave New Technology Association No. 1 for KRW 21.5 billion.
ISE COMMERCE COMPANY LIMITED 
