Dae Chung Co Ltd. and Yoon-Suk Seol completed the acquisition of 19.24% stake in Taihan Fiber Optics Co., Ltd from QCP Project Private Equity Fund VI, a fund managed by Q Capital Partners Co., Ltd. for KRW 33 billion.
August 13, 2017
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Dae Chung Co Ltd. and Yoon-Suk Seol agreed to acquire a 19.24% stake in Taihan Fiber Optics Co., Ltd (KOSDAQ:A010170) from QCP Project Private Equity Fund VI, a fund managed by Q Capital Partners Co., Ltd. (KOSDAQ:A016600) on July 25, 2017. Under the terms, the buyers exercised their call option to acquire 9.04 million shares from QCP Project Private Equity Fund VI. As of July 24, 2017, QCP Project Private Equity Fund VI holds 18.07 million shares in Taihan Fiber Optics Co., Ltd. The transaction is expected to close on August 14, 2017.
Dae Chung Co Ltd. and Yoon-Suk Seol completed the acquisition of 19.24% stake in Taihan Fiber Optics Co., Ltd (KOSDAQ:A010170) from QCP Project Private Equity Fund VI, a fund managed by Q Capital Partners Co., Ltd. (KOSDAQ:A016600) for KRW 33 billion on August 14, 2017. Under the terms of the transaction, Dae Chung Co Ltd. and Yoon-Suk Seol acquired 6.86 million and 2.18 million shares respectively at KRW 3,655 per share.
Q Capital Partners Co., Ltd. is a Korea-based company mainly engaged in the venture investment business and provision of financial related services. The Company is involved in the venture investment business, which provides the investment and financing services for new technology operators; corporate restructuring business, which provides the investment, acquisition and normalization of financially distressed companies; mergers and acquisitions (M&A), which provides strategy to motivate and promote business expansions, as well as investment fund business, which maintains operational stability of funds and manages investment risks. On March 17, 2014, the Company announced that it sold entire shares of Onse Telecom Corp.
Dae Chung Co Ltd. and Yoon-Suk Seol completed the acquisition of 19.24% stake in Taihan Fiber Optics Co., Ltd from QCP Project Private Equity Fund VI, a fund managed by Q Capital Partners Co., Ltd. for KRW 33 billion.
Q CAPITAL PARTNERS CO., LTD. 
