NH Investment & Securities Co., Ltd., Investment Arm acquired 2.65% stake in YG-1 Co., Ltd. from Jkl Growthchamp 2011-1 Private Equity Fund managed by JKL Partners Inc. for KRW 11.2 billion.
August 28, 2017
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NH Investment & Securities Co., Ltd., Investment Arm acquired 2.65% stake in YG-1 Co., Ltd. (KOSDAQ:A019210) from Jkl Growthchamp 2011-1 Private Equity Fund managed by JKL Partners Inc. for KRW 11.2 billion on August 25, 2017. JKL sold 0.75 million shares at the price of KRW 14,916 per share and reduced holding to 1.95 million shares.
NH Investment & Securities Co., Ltd., Investment Arm completed the acquisition of 2.65% stake in YG-1 Co., Ltd. (KOSDAQ:A019210) from Jkl Growthchamp 2011-1 Private Equity Fund managed by JKL Partners Inc. on August 25, 2017.
YG-1 CO.,LTD is a Korea-based company engaged in the manufacture and distribution of cutting tools. The Companyâs products mainly consist of end mills, including high speed steel (HSS) types, tank-power types, normal carbide types, jet-power types and others; taps, including spiral flute taps, gun point taps, straight flute taps, hand taps, roll taps, pipe tips and nut taps, and drills, including carbide drills, HSS drills, carbide spade drills and spade drills. It also provides rotary burrs, cutters and accessories. The Company distributes its products within domestic market and to overseas markets.
NH Investment & Securities Co., Ltd., Investment Arm acquired 2.65% stake in YG-1 Co., Ltd. from Jkl Growthchamp 2011-1 Private Equity Fund managed by JKL Partners Inc. for KRW 11.2 billion.
YG-1 CO., LTD. 
