URich Investment Management Co., Ltd. sold 3.95% stake in Daewon Media Co., Ltd..
January 08, 2017
Share
URich Investment Management Co., Ltd. sold 3.95% stake in Daewon Media Co., Ltd. (KOSDAQ:A048910) on January 9, 2017. Under the terms of the agreement, 0.49 million shares were sold and the stake has been decreased from 22.4% to 18.5% in Daewon Media Co., Ltd.
URich Investment Management Co., Ltd. completed the sale of 3.95% stake in Daewon Media Co., Ltd. (KOSDAQ:A048910) on January 9, 2017.
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.
DAEWON MEDIA CO., LTD. 
