Orbitech Co., Ltd. acquired 8.1% stake in Vegas Co., Ltd. for KRW 3 billion.
May 03, 2021
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Orbitech Co., Ltd. (KOSDAQ:A046120) acquired 8.1% stake in Vegas Co., Ltd. for KRW 3 billion on May 4, 2021. Orbitech Co acquired 0.006 million shares. Orbitech Co's board approved the deal. Vegas Co reported revenues of KRW 9 billion, total assets of KRW 10.4 billion, net profit of KRW 1.7 million and total common equity of KRW 9.8 billion for the year ending December 31, 2020.
Orbitech Co., Ltd. (KOSDAQ:A046120) completed the acquisition of 8.1% stake in Vegas Co., Ltd. on May 4, 2021.
Orbitech Co., Ltd., formerly Korea NonDestructive Testing Co., Ltd., is Korea-based company engaged in the provision of nondestructive testing (NDT) and other services. The Company operates in four categories of businesses: NDT business, which provides NDT services for gas pipes, oil pipes, power plants, ships, bridges, buildings, vessel and tanks; nuclear energy business, which provides radiation-related services, such as radiation management, radiation protection and decontamination, and wastes management services for facilities and utilities; environment business, which provides process development services and analysis services, such as soil, water and marine waste analysis services, and in-service inspection (ISI) business, which provides ISI services used in nuclear power plant sector.
ORBITECH CO., LTD. 