SVIC No.6 New Technology Business Investment L.L.P., a fund of Samsung Venture Investment Corporation, sold 64.61% stake in RAY Co., Ltd. for KRW 9.2 billion.
February 05, 2015 at 11:00 pm EST
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SVIC No.6 New Technology Business Investment L.L.P., a fund of Samsung Venture Investment Corporation, sold 64.61% stake in RAY Co., Ltd. for KRW 9.2 billion on January 30, 2015. SVIC sold 0.25 million shares and 0.04 million preferred stock for KRW 31,203 each.
SVIC No.6 New Technology Business Investment L.L.P., a fund of Samsung Venture Investment Corporation, completed the sale of 64.61% stake in RAY Co., Ltd. on January 30, 2015.
Ray Co.,Ltd is a Korea-based company mainly engaged in the development, production and distribution of dental imaging medical devices. Along with its subsidiaries, the Company manufactures and sells digital diagnostic systems and digital therapy solution products. Digital diagnostic systems include dental radiography equipments such as x-ray systems and cone beam computed tomography (CBCT) systems. Digital therapy solutions include three dimensional (3D) scanning, dental computer aided design (CAD), and 3D printers used in prosthodontics, orthodontics, and implant surgery. The Company distributes its products within domestic market and to overseas markets.
SVIC No.6 New Technology Business Investment L.L.P., a fund of Samsung Venture Investment Corporation, sold 64.61% stake in RAY Co., Ltd. for KRW 9.2 billion.