An unknown buyer acquired 1.05% stake in NEOFIDELITY, Inc. from Geon-SMCI Contents Fund managed by Geon Investment Co., Ltd.
January 17, 2017
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An unknown buyer acquired 1.05% stake in NEOFIDELITY, Inc. (KOSDAQ:A101400) from Geon-SMCI Contents Fund managed by Geon Investment Co., Ltd. on January 18, 2017. As per the terms of agreement Geon-SMCI Contents Fund managed by Geon Investment Co., Ltd. sold 0.14 million shares and currently hold 5.8% stake in NEOFIDELITY, Inc. (KOSDAQ:A101400).
An unknown buyer completed acquisition of 1.05% stake in NEOFIDELITY, Inc. (KOSDAQ:A101400) from Geon-SMCI Contents Fund managed by Geon Investment Co., Ltd. on January 18, 2017.
N CITRON, INC., formerly NEOFIDELITY, INC. is a Korea-based company engaged in the manufacture and sale of full digital audio amplifier solution products. The Company produces digital audio amplifier chips, including NTP-7XXX series, NTP-3XXX series, NTP-2XXX series and NSP series for flat panel display (FPD) televisions (TVs), desktop audios, monitor TVs, home theaters and other digital products. The Company distributes its products within domestic market and to overseas markets, including Taiwan, Japan and China. The Company has one Hong Kong-based subsidiary, NF Industries Company Limited.