An unknown buyer agreed to acquire 6.4% stake in Very Good Tour Co., Ltd. from Samchuly Bicycle Co., Ltd for KRW 9.2 billion.
December 08, 2020
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An unknown buyer agreed to acquire 6.4% stake in Very Good Tour Co., Ltd. (KOSDAQ:A094850) from Samchuly Bicycle Co., Ltd (KOSDAQ:A024950) for KRW 9.2 billion on December 9, 2020. The Board resolution date for Samchuly Bicycle is December 9, 2020. The expected date of sales is December 9, 2020.
Very Good Tour Co.,Ltd., formerly Very Good Leisure Co., Ltd. is a Korea-based company principally engaged in the wholesale of bicycles and related components. The Company operates in two business segments: bicycle segment and travel segment. Its bicycle segment engages in the distribution of specialty and high-graded bicycles under the brand names of CELLO, BLACKCAT and others, related components under the brand names of MOOTS and BBB, as well as leasing of bicycles. Its travel segment provides a range of travel products including honeymoon travels, freedom travels, backpacking travels, golf course travels, overseas travels and others, as well as airline ticket sale, hotel booking and other travel related services.