CK Technology Fund, Dong-Gyoon Woo, Kyung-Jin Koh, Ho-Sung Cho and Sung-Ho Park signed a stock definitive agreement to acquire 10% stake in CNPLUS Co., Ltd. from Sang-Bok Lee, Hee-Seok Shin and Ki-Nam Kim for KRW 4.3 billion.
October 15, 2015
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CK Technology Fund, Dong-Gyoon Woo, Kyung-Jin Koh, Ho-Sung Cho and Sung-Ho Park signed a stock definitive agreement to acquire 10% stake in CNPLUS Co., Ltd. (KOSDAQ:A115530) from Sang-Bok Lee, Hee-Seok Shin and Ki-Nam Kim for KRW 4.3 billion on October 12, 2015. The offer per share is KRW 9,250 per share. As of November 10, 2015, CK Technology Fund will now acquire 0.12 million shares instead of 0.17 million shares earlier.
CNPLUS Co., Ltd. is a Korea-based company mainly engaged in the manufacture of connectors. The Company manufactured electrical network and connect devices. It produces high precision connectors, such as top, bottom and double-sided contact connectors, micro fine pitch connectors, and pin connectors used for television modules, liquid crystal displays (LCDs), plasma display panels (PDPs), optical disk drives (ODDs) and others. The Companyâs main clients are Samsung SDI, Samsung Electronics, LG Innotek, HITACHI, Nidec, CHANGHONG, Sony Optiarc and others. The Company distributes its products within domestic market and to overseas markets. On December 26, 2012, the Company sold certain shares of a subsidiary, a Korea-based investment company. After the transaction, it held 40% stake of the Korea-based company.
CK Technology Fund, Dong-Gyoon Woo, Kyung-Jin Koh, Ho-Sung Cho and Sung-Ho Park signed a stock definitive agreement to acquire 10% stake in CNPLUS Co., Ltd. from Sang-Bok Lee, Hee-Seok Shin and Ki-Nam Kim for KRW 4.3 billion.
CNPLUS CO., LTD. 
