Korea Securities Finance Corporation, Investment Arm acquired 5.14% stake in Lumens Co., Ltd..
October 10, 2013 at 12:00 am EDT
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Korea Securities Finance Corporation, Investment Arm acquired 5.14% stake in Lumens Co., Ltd. (KOSE:A038060) on October 10, 2013. Korea Securities acquired 2.3 million shares of Lumens.
Korea Securities Finance Corporation, Investment Arm completed the acquisition of 5.14% stake in Lumens Co., Ltd. (KOSE:A038060) on October 10, 2013.
Lumens Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of light emitting diode (LED) products. The Company operates its business through two business divisions: LED division and communication division. Its LED division provides LEDs and LED modules used for liquid crystal display (LCD) back light units (BLUs), spot lightings, street lightings, factory lightings, automobiles, mobile phones and others. It communication division provides military and civilian communications equipment, such as mobile radio frequency modules (MRFMs), base station radio frequency modules (BRFMs), radio access units (RAUs) and others. The Company distributes its LED products within domestic market and to overseas markets.