Junwon Yoo acquired an additional 0.11% stake in Texcell-NetCom Co., Ltd. from Jungin Yoo for approximately KRW 330 million.
January 05, 2017
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Junwon Yoo acquired an additional 0.11% stake in Texcell-NetCom Co., Ltd. (KOSDAQ:A038540) from Jungin Yoo for approximately KRW 330 million on December 30, 2016. Junwon Yoo acquired an additional 0.05 million shares for KRW 6610 per share and now holds 10.65 million shares. Junwon Yoo used own funds to acquire the stake.
Junwon Yoo completed the acquisition of an additional 0.11% stake in Texcell-NetCom Co., Ltd. (KOSDAQ:A038540) from Jungin Yoo on December 30, 2016.
Sangsangin Co., Ltd., formerly Texcell-Netcom Co., Ltd., is a Korea-based company mainly engaged in the provision of network solutions. The Company operates its business through three main divisions: communication division, information service division and financial division. Its communication division provides network equipment, design and construction of network system services, as well as maintenance services. Its information service division provides digital contents, such as movies, broadcasting programs, videos and others. Its financial division provides financial services. The Company also provides relays, which are used as core components for household appliances, industrial equipment, communication equipment and others.