Ahn, Jung-Gyo acquired an additional 0.67% stake in Daewon Media Co., Ltd. from Choi, Jung-Ja for approximately KRW 550 million.
May 19, 2015
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Ahn, Jung-Gyo acquired an additional 0.67% stake in Daewon Media Co., Ltd. (KOSDAQ:A048910) from Choi, Jung-Ja for approximately KRW 550 million on May 15, 2015. Ahn, Jung-Gyo acquired 0.07 million shares of Daewon Media Co., Ltd. for KRW 7610 per share. Ahn, Jung-Gyo owns 6.9% stake and Choi, Jung-Ja does not hold any stake in Daewon Media after the transaction.
Ahn, Jung-Gyo completed the acquisition of an additional 0.67% stake in Daewon Media Co., Ltd. (KOSDAQ:A048910) from Choi, Jung-Ja on May 15, 2015.
DAEWON MEDIA CO.,LTD. is a Korea-based company engaged in the animation business. It operates four business divisions. Its animation production division creates imports and distributes animations. Its character licensing and merchandising division provides toys, character goods, games and trading card games, as well as star collection cards. Its game division develops game software under the brand name of Nintendo, and online games, based on animation characters, including Crayon Shin-Chan, Slam Dunk, Power Rangers and others. Its digital contents distribution platform division provides digital contents such as comics, animations and games via its platform. Through its subsidiaries and affiliates, it involves in the animation broadcasting, game terminal and software distribution, and cartoon publishing. On February 28, 2014, it sold all its shares of Bandai Korea Co., Ltd., which is engaged in the design, manufacturing and sales of toys, play equipment and exercise equipment.