Mercury Corporation announced that it has received KRW 20 billion in funding from Smart Financing 16th Co. Ltd., eBest Investment Securities Co., Ltd., Investment Arm, KB Securities Co., Ltd., Investment Arm, NH Investment & Securities Co., Ltd., Investment Arm
November 14, 2019
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On November 15, 2019, Mercury Corporation (KOSDAQ:A100590) closed the transaction.
Mercury Corporation is a company mainly engaged in the production and sale of information and communication equipments. Along with subsidiaries, the Company operates its business through two segments. The Terminal Business segment is involved in the manufacturing and sale of access points (APs), fiber to the building optical network terminals (FTTH ONTs), unshielded twisted pair cable (UTP) modems, voice over Internet protocol (VoIP) gateways, as well as Internet of things (IoT) gateways, among others. The Other Business segment is engaged in the manufacturing and sale of IP version of wired telephone exchange equipments, satellite communication equipments, small exchange equipments and optical cables, among others. The Company distributes its products within the domestic market and to overseas markets.
Mercury Corporation announced that it has received KRW 20 billion in funding from Smart Financing 16th Co. Ltd., eBest Investment Securities Co., Ltd., Investment Arm, KB Securities Co., Ltd., Investment Arm, NH Investment & Securities Co., Ltd., Investment Arm