A consortium of funds managed by Myfirstasset Asset Management Co., Ltd acquired 7.3% stake in Topsun co., Ltd from New Wave Early Stage Investment Fund 5 and KoFC-Neoplux Pioneer Champ 2010-7 funds managed by Neoplux Co., Ltd. for KRW 2.9 billion.
November 28, 2017
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A consortium of funds managed by Myfirstasset Asset Management Co., Ltd acquired 7.3% stake in Topsun co., Ltd (XKON:A180060) from New Wave Early Stage Investment Fund 5 and KoFC-Neoplux Pioneer Champ 2010-7 managed by Neoplux Co., Ltd. for KRW 2.9 billion on November 24, 2017. As per terms, 0.64 million shares are acquired at KRW 4500 per share. Post completion, New Wave Early Stage Investment Fund 5 and KoFC-Neoplux Pioneer Champ 2010-7 own 0.07 million shares each in Topsun co., Ltd.
A consortium of funds managed by Myfirstasset Asset Management Co., Ltd completed the acquisition of 7.3% stake in Topsun co., Ltd (XKON:A180060) from New Wave Early Stage Investment Fund 5 and KoFC-Neoplux Pioneer Champ 2010-7 funds managed by Neoplux Co., Ltd. on November 24, 2017.
Topsun co.,Ltd is a Korea-based company principally engaged in the manufacture and distribution of solar module. The Companyâs products include modules, ingots, wafers and cells. The Company also provides consulting services for solar plants, covering system design and installation consulting service, electrical safety management and installation consulting service, as well as other inverters photothermal, wind power, fuel cells, and bio energy related consulting services.
A consortium of funds managed by Myfirstasset Asset Management Co., Ltd acquired 7.3% stake in Topsun co., Ltd from New Wave Early Stage Investment Fund 5 and KoFC-Neoplux Pioneer Champ 2010-7 funds managed by Neoplux Co., Ltd. for KRW 2.9 billion.
TOPSUN CO., LTD 
