WJP Co., Ltd acquired 1.4% stake in ACT Co., Ltd. from JSN Holdings Co., Ltd. for KRW 1.1 billion.
February 08, 2018
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WJP Co., Ltd agreed to acquire 1.4% stake in ACT Co., Ltd. (KOSDAQ:A138360) from JSN Holdings Co., Ltd. for KRW 1.1 billion on January 26, 2018. Under the transaction, WJP Co., Ltd acquired 0.26 million shares at KRW 4,165 per share.
WJP Co., Ltd completed the acquisition of 1.4% stake in ACT Co., Ltd. (KOSDAQ:A138360) from JSN Holdings Co., Ltd. on January 26, 2018.
Hyupjin Co Ltd, formerly ACT Co Ltd is a Korea-based company engaged in the manufacture and sale of raw materials of cosmetics. The Company provides bioconversion technology products, encapsulated products, natural extracts, synthetic products and others. Its products include Aquatouch L, which is made of glycerin, dimethicone, water and lecithin; Silkytouch L, which is made of water, dimethicone, glycerin, palmitoyl inulin, behenyl alcohol and 1,2 hexanediol; Phytoact Reliefer, which is made of phaseolus radiates seed extract, avena sativa meal extract, ethyhexylglycerin and others, as well as PhytoAct CosyPlex, Actosome InoCeramide E06, Actosome Retinol850, Actosome Retinal Palmitate, Actostem GinElixir and Actosome Deage, among others. It also provides electronic materials.