The Board of Directors of Teems, Inc. (KOSE:A134790) authorized a share repurchase program on April 30, 2012. Under the program, the company will repurchase up to KRW 1.09 billion worth of shares. The company is repurchasing its shares to stabilize stock price. The program wil run from April 30, 2012 to April 29, 2013. As of April 30, 2012, the company has 512 shares, representing 0.03% of its shares in treasury. Shinyoung Securities Co., Ltd. acted as the investment broker to Teems, Inc.
Sidiz, Inc., formerly Teems, INC., is a Korea-based company mainly engaged in the manufacture of furniture for educational use. The Company produces desks, bookcases, chairs, sofas, lecture desks, tables, cabinets, sinks, experiment benches, beds, storage closets and others. Its products are used for ordinary libraries, ubiquitous computing libraries, ordinary classrooms, dormitories, lecture rooms, laboratories, research rooms and others. It also involves in the furniture processing business. The Company distributes its products within domestic market and to overseas markets. On November 15, 2013, it announced that Sidiz, Inc and four related parties acquired a 4.07% stake of the Company. After the transaction, Sidiz, Inc and the four related parties had a combined 50.50% stake in the Company.
SIDIZ.INC. 
