KCGI Co., Ltd. agreed to acquire 13% stake in NEXTIN, Inc. from APS Inc. for KRW 100.61 billion.
June 20, 2024
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KCGI Co., Ltd. agreed to acquire 13% stake in NEXTIN, Inc. (KOSDAQ:A348210) from APS Inc. (KOSDAQ:A054620) for KRW 100.61 billion on June 21, 2024. A cash consideration of KRW 100.61 billion will be paid by KCGI Co., Ltd. As part of consideration, KRW 100.61 billion is paid towards common equity of NEXTIN, Inc.
For the period ending December 31, 2023, NEXTIN, Inc. reported total revenue of KRW 87.93 billion and net income of KRW 30.93 billion. As of December 31, 2023, NEXTIN, Inc. reported total debt of KRW 15.95 billion, total assets of KRW 142.96 billion and total common equity of KRW 127.01 billion.
Nextin Inc is a Korea-based company mainly engaged in the manufacture and sale of wafer micropattern defect inspection equipment. The Company manufactures and sells wafer micropattern defect inspection equipment that detects micropattern defects that occur in the circuit manufacturing process of semiconductor devices. The Company's main products mainly include AEGIS wafer inspection systems, IRIS wafer measurement and inspection systems, TWINS systems, Cube Scan detection technologies and others. The company also provides services such as repair, wafer inspection, and paid repair. The Company sells its products in domestic and overseas markets such as China and Israel.