NVH Korea Inc. acquired an additional 9.09% stake in GH Advanced Materials Inc. from VP Korea Co., Ltd. for KRW 3.2 billion.
November 20, 2017
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NVH Korea Inc. (KOSDAQ:A067570) acquired an additional 9.09% stake in GH Advanced Materials Inc. (KOSDAQ:A130500) from VP Korea Co., Ltd. for KRW 3.2 billion on November 15, 2017. Under the terms, VP Korea Co., Ltd. sold 1 million shares at KRW 3,200 per share to NVH Korea Inc. Post completion of the transaction, NVH Korea Inc. held 37.88% stake whereas VP Korea Co., Ltd. held 6.71% stake in GH Advanced Materials Inc.
NVH Korea Inc. (KOSDAQ:A067570) completed the acquisition of an additional 9.09% stake in GH Advanced Materials Inc. (KOSDAQ:A130500) from VP Korea Co., Ltd. on November 15, 2017.
NVH KOREA INC. is a Korea-based company principally engaged in the manufacture and sale of automobile components. The Company operates its business through two segments. The Automotive Part segment produces noise, vibration, harshness (NVH) parts such as isolation dashes, insulation dashes, insulation hoods, insulation fenders, tunnel pads, as well as headliners, floor carpets, door trims, engine control parts, among others. The Clean Room segment manufactures clean room equipment used in semiconductor and display companies. The Company distributes its products within domestic market and to overseas markets, including China, India, Russia and others.
NVH KOREA INC. 
