IDO Healthcare Co.,Ltd. and Jinhyeong Lee completed the acquisition of 14.398731% stake in RFTech Co., Ltd. from Jayjun Cosmetic Co., Ltd..
September 05, 2022
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IDO Healthcare Co.,Ltd. and Jinhyeong Lee agreed to acquire 14.398731% stake in RFTech Co., Ltd. (KOSDAQ:A061040) from Jayjun Cosmetic Co., Ltd. (KOSE:A025620) for KRW 35 billion on August 19, 2022. The transaction is expected to close on September 2, 2022. As of September 6, 2022, The acquisition is expected to close today.
IDO Healthcare Co.,Ltd. and Jinhyeong Lee completed the acquisition of 14.398731% stake in RFTech Co., Ltd. (KOSDAQ:A061040) from Jayjun Cosmetic Co., Ltd. (KOSE:A025620) on September 6, 2022.
Jayjun Cosmetic Co Ltd is a Korea-based company principally engaged in the manufacture and sale of cosmetics. The Company operates its business through three segments. The Cosmetic segment is engaged in the manufacture and sale of black water glow masks, intensive shining masks, green tea eye gel patches, roselle tea eye gel patches as well as others. The Entertainment and Advertising segment is engaged in the record and music businesses, performance businesses, management service business as well as advertising agency businesses. The Medical Device segment is engaged in the manufacture and sale of medical devices.