TS Holdings Co., Ltd. and 2 other shareholders completed the acquisition of 5.34% stake in HDPRO Co., Ltd. from C&KY Holdings Co., Ltd.
October 22, 2017
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TS Holdings Co., Ltd. and 2 other shareholders signed a contract to acquire a 5.34% stake in HDPRO Co., Ltd. (KOSDAQ:A214870) from C&KY Holdings Co., Ltd. for KRW 4 billion on October 11, 2017. Under the terms, the buyers will acquire 0.33 million shares of HDPRO Co., Ltd and make a deposit on October 11, 2017 with the balance to be paid on October 23, 2017. The transaction is expected to close on October 23, 2017.
TS Holdings Co., Ltd. and 2 other shareholders completed the acquisition of 5.34% stake in HDPRO Co., Ltd. (KOSDAQ:A214870) from C&KY Holdings Co., Ltd. on October 23, 2017.
NewGLab Pharma Co Ltd, formerly NewGLab Co Ltd, is a company mainly engaged in the manufacturing and sale of closed-circuit television (CCTV) cameras. The Company's product portfolio consists of general analog cameras that used for CCTVs, high definition (HD) analog cameras, HD-serial digital interface (SDI) cameras, extend (EX)-SDI cameras, internet protocol (IP) cameras that used for network CCTVs, digital video recorders (DVRs) that used for image storage devices, network video recorders (NVRs) and others. In addition, the Company is involved in the business of 5G smartphone distribution. The Company distributes its products within domestic market and to overseas markets.