Gesko Company Limited acquired an additional 6.23% stake in NK Co., Ltd. from Yoon So Park for KRW 8.6 billion.
May 29, 2014
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Gesko Company Limited acquired an additional 6.23% stake in NK Co., Ltd. (KOSE:A085310) from Yoon So Park for KRW 8.6 billion on May 28, 2014. Under the terms of the transaction, Gesko Company Limited acquired an additional 1.95 million shares at the price of KRW 4,395 per shares and increased its holding to 5 million shares. Yoon So Park reduced his holding to 7.75 million shares.
Gesko Company Limited completed the acquisition of an additional 6.23% stake in NK Co., Ltd. (KOSE:A085310) from Yoon So Park on May 28, 2014.
NK CO., LTD. is a Korean company principally engaged in the manufacture and provision of fire extinguishing systems and high pressure gas cylinders. The Company operates its businesses through fire extinguishing system division, which provides carbon dioxide (CO2) systems for car carriers and engine rooms, loose fire fighting systems used as portable fire extinguishers for small scale fire, foam systems, dry powder systems and others; high pressure gas cylinder division, which provides industrial high pressure gas cylinders, compressed natural gas (CNG) fuel cylinders and industrial special gas cylinders, among others; ballast water treatment division, which provides ballast water treatment facilities, including ozone systems, filtration and electrolysis systems and others, and plant division, which mainly provides plant engineering services and relevant facilities. On December 18, 2013, the Company sold its entire shares of ENK CO., LTD.
NK CO., LTD. 