EBEST Investment & Securities Co., Ltd. acquired 2.57% stake in Creative & Innovative System Corporation from LB Gemini New Growth Fund 16 a fund managed by LB Investment Inc. for KRW 2.2 billion.
January 24, 2017 at 04:00 am
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EBEST Investment & Securities Co., Ltd. (KOSDAQ:A078020) acquired 2.57% stake in Creative & Innovative System Corporation from LB Gemini New Growth Fund 16 a fund managed by LB Investment Inc. for KRW 2.2 billion on January 20, 2017. Under the transaction, EBEST Investment & Securities Co., Ltd. acquired 1.3 million shares at a KRW 1778 per share. After the completion of the sale, LB Gemini New Growth Fund 16 will hold 2.96 million shares in in Creative & Innovative System Corporation.
EBEST Investment & Securities Co., Ltd. (KOSDAQ:A078020) completed the acquisition of 2.57% stake in Creative & Innovative System Corporation from LB Gemini New Growth Fund 16 a fund managed by LB Investment Inc. on January 20, 2017.
EBEST INVESTMENT & SECURITIES Co., Ltd., formerly E*TRADE Korea Co., Ltd, is a Korea-based company specialized in the provision of financial services. The Company is mainly engaged in the brokerage, dealing and underwriting of securities businesses, covering stocks, options, futures, government bonds, corporate bonds, foreign securities and financial derivatives products. It also involves in proprietary trading business, and provides consulting services. On March 8, 2013, 3Nod Digital Group Co., Ltd. announced that the Company had sold its entire 6.63% skake in 3Nod Digital Group Co., Ltd.
EBEST Investment & Securities Co., Ltd. acquired 2.57% stake in Creative & Innovative System Corporation from LB Gemini New Growth Fund 16 a fund managed by LB Investment Inc. for KRW 2.2 billion.