KG Mobilians Co., Ltd acquired an additional 6.93% stake in KG Eduone Co., Ltd. from EDAILY Co., Ltd. and KG Zeroin Co.,Ltd. for KRW 1.9 billion.
December 13, 2020
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KG Mobilians Co., Ltd (KOSDAQ:A046440) acquired an additional 6.93% stake in KG Eduone Co., Ltd. from EDAILY Co., Ltd. and KG Zeroin Co.,Ltd. for KRW 1.9 billion on December 11, 2020. KG Mobilians acquired 1.37 million shares at KRW 1,376 per share. As a result, EDAILY Co., Ltd. and KG Zeroin Co.,Ltd. exited their stakes and KG Mobilians increased its stake to 76.44%.
KG Mobilians Co., Ltd (KOSDAQ:A046440) completed the acquisition of an additional 6.93% stake in KG Eduone Co., Ltd. from EDAILY Co., Ltd. and KG Zeroin Co.,Ltd. for KRW on December 11, 2020.
KGMobilians Co., Ltd is a Korea-based company mainly engaged in the development and provision of wired and wireless payment services. The Company operates its business through two divisions: payment business division and other business division. Its payment business mainly provides payment solutions, such as mobile phone payment solutions, wired phone payment solutions, credit card payment solutions, account transfer services, prepaid card services and wireless online billing solutions. Its other business division is engaged in the certification business, which provides systems management servers (SMS) certification and mobile one time passwords (MOTP) services. The Company supplies its products within domestic market and to overseas markets.