An unknown buyer acquired 13.78% stake in Hyunjin Materials co., Ltd. from The E&M Co., Ltd..
November 03, 2019
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An unknown buyer acquired 13.78% stake in Hyunjin Materials co., Ltd. (KOSDAQ:A053660) from The E&M Co., Ltd. (KOSDAQ:A089230) on November 4, 2019. Post disposal, The E&M Co., Ltd. holds 3.18% stake i.e. 1,098,621 shares in Hyunjin Materials co. Before disposal, The E&M Co., Ltd. holds 16.96% i.e. 5,853,816 shares of Hyunjin Materials co.
An unknown buyer completed the acquisition of 13.78% stake in Hyunjin Materials co., Ltd. (KOSDAQ:A053660) from The E&M Co., Ltd. (KOSDAQ:A089230) on November 4, 2019.
THE E&M Co., Ltd. is a company mainly engaged in the provision of the Internet personal broadcasting platform. Along with subsidiaries, the Company operates its business through five segments. The Internet Business segment is involved in the provision of the Internet personal broadcasting platform. The Performance Planning segment is engaged in performance planning and agency business. The Mobile Messaging Business segment is engaged in provision of bulk messaging services including short message services (SMSs) and multimedia messaging services (MMSs). The News Media segment is engaged in Internet newspaper and Internet broadcasting business. The Music Content Business segment is engaged in the provision of databases and online information.
THE E&M CO., LTD. 
