A group of buyer acquired a 11.08% stake in Paratech Company Limited from Base Hd Co.,Ltd. for KRW 14.3 billion.
November 17, 2020
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A group of buyer acquired a 11.08% stake in Paratech Company Limited (KOSDAQ:A033540) from Base Hd Co.,Ltd. for KRW 14.3 billion on November 11, 2020. Under the term, Paratech 1rd Association, Jeong Gwang-won, Hyulim Robot Co., Ltd, Yulho Co., Ltd., Arintech Co., Ltd., Yeo, Haeng-soo, Kim, Gye-suk, Kim, Byung-soo , Park, Geun-ho, Kim, Kwang-soo, Lee, Yong-rae, Choi, Seok-cheol, Seo, Seok-min, Yang, Pil-seung, Lee, Jong-sik, Choi, Mi-sun, Kim, Hye-im and Oh, Chi-on will acquire 1.88 million shares of Paratech at the issuance price of KRW 7,600 per shares.
A group of buyer completed the acquisition of a 11.08% stake in Paratech Company Limited (KOSDAQ:A033540) from Base Hd Co.,Ltd. on November 11, 2020.
Yulho Co., LTD., formerly Neodian Technology Co., LTD., is a Korea-based company engaged in the distribution of software. Along with its subsidiaries, the Company operates its business through two segments. The Computer Peripherals Distribution segment engages in the build of storage solutions and the sale of software. The Company operates business in the sale, build and maintenance of EMC solution and Dell software. The Software Development segment provides wireless internet platform development and labor services. The Company's products include mobile middleware platforms, industrial automation systems and others.