Biz Alpha Co., Ltd. signed a contract to acquire 18.7% stake in Daeho Al Co.,Ltd. from Vidente Co., Ltd. for KRW 35.7 billion.
August 03, 2023
Share
Biz Alpha Co., Ltd. signed a contract to acquire 18.7% stake in Daeho Al Co.,Ltd. (KOSE:A069460) from Vidente Co., Ltd. (KOSDAQ:A121800) for KRW 35.7 billion on August 4, 2023. As per the transaction, Biz Alpha Co., Ltd. will acquire 11.3 million shares of Daeho Al Co.,Ltd. at KRW 3163 per share.
Vidente Co., Ltd., formerly Seven Star Works Co., Ltd., is a Korea-based company mainly engaged in the manufacturing and marketing of high definition (HD) video equipment for digital broadcast. The Companyâs products portfolio consists of viewfinder monitors, color critical liquid crystal display (LCD) monitors, multi-format monitors, quad-screen monitors, digital visual interface (DVI) and high definition multimedia interface (HDMI) monitors, rack monitors, organic light emitting diode (OLED) monitors, three dimensional (3D) monitors, wall monitors and others. The Company distributes its products within domestic market and to overseas markets, including Germany, Russia, India, Egypt and others. In addition, it engages in the real estate rental business.
VIDENTE CO., LTD. 
