A1 Fund 1 acquired 6.2% stake in SHINWON Construction co.,Ltd. from Wonik QnC Corporation and WONIK Co., LTD. for KRW 5 billion.
November 20, 2016
Share
A1 Fund 1 acquired 6.2% stake in SHINWON Construction co.,Ltd. (KOSDAQ:A017000) from Wonik QnC Corporation (KOSDAQ:A074600) and WONIK Co., LTD. (KOSDAQ:A032940) for KRW 5 billion on November 14, 2016. Under the terms of transaction A1 Fund 1 will acquire 0.63 million SHINWON Construction co.,Ltd. shares for KRW 8000 each.
A1 Fund 1 completed the acquisition of 6.2% stake in SHINWON Construction co.,Ltd. (KOSDAQ:A017000) from Wonik QnC Corporation (KOSDAQ:A074600) and WONIK Co., LTD. (KOSDAQ:A032940) on November 14, 2016.
Wonik Corporation is a Korea-based company mainly engaged in the provision of medical equipment. The Company operates its business through three segments: medical and commercial segment, electronic components segment and rental business segment. Its medical and commercial segment mainly provides medical equipment such as endoscopes, lasers, ultrasonic equipment and others, as well as industrial materials, lighting equipment, electronic, electrical and communication equipment components and others. Its electronic components segment mainly manufactures electronic components such as hybrid integrated circuits (HICs), radio frequency (RF) filters, global position systems (GPSs) and others. Its rental business segment engages in the rental business.
WONIK CORPORATION 
