Hanil Vacuum Co., Ltd. (KOSDAQ:A123840) acquired 11% stake in Telcon Co., Ltd. (KOSDAQ:A200230) from Telcon Holdings Co., Ltd. for KRW 38.5 billion on June 9, 2017. Under the terms of the transaction, Hanil Vacuum Co., Ltd. acquired 6.4 million shares and paid KRW 6012.33 per share. Post-closing, Telcon Holdings Co., Ltd. will hold 6.4 million shares of Telcon Holdings Co., Ltd.

Hanil Vacuum Co., Ltd. (KOSDAQ:A123840) completed acquisition of 11% stake in Telcon Co., Ltd. (KOSDAQ:A200230) from Telcon Holdings Co., Ltd. on June 9, 2017.