GP Club Co., Ltd. completed the acquisition of 14.6% stake in KODI CO., LTD from Synergy Partners Co., Ltd.
March 28, 2024
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GP Club Co., Ltd. signed a Memorandum of Understanding to acquire 14.6% stake in KODI CO., LTD (KOSDAQ:A080530) from Synergy Partners Co., Ltd for KRW 8.7 billion on January 8, 2024. GP Club Co., Ltd. entered into an agreement to acquire 14.6% stake in KODI CO., LTD (KOSDAQ:A080530) from Synergy Partners Co., Ltd on January 17, 2024.
GP Club Co., Ltd. completed the acquisition of 14.6% stake in KODI CO., LTD (KOSDAQ:A080530) from Synergy Partners Co., Ltd on March 29, 2024. The transaction will be funded from own funds.
KODI Co.,LTD., formerly KODI-S CO.,LTD. is a Korea-based company principally engaged in the manufacturing of semiconductor testing equipment. The Company operates its business under two segments: display segment and energy segment. Its display segment mainly produces probe units and probe cards used for testing thin film transistor liquid crystal displays (TFT-LCDs), light emitting diodes (LEDs) and semiconductors, and organic light emitting diodes (OLEDs) manufacturing equipment. Its energy segment produces chargers, batteries and battery management systems (BMSs) for electrical vehicles, industrial vehicles, bicycles, autonomous guided vehicles (AGVs) and others. The Company mainly supplies its products to domestic market.