Hae-Seon Choi acquired 20.5% stake in Orbitech Co., Ltd. for approximately KRW 720 million.
March 31, 2015 at 05:00 am
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Hae-Seon Choi acquired 20.5% stake in Orbitech Co., Ltd. (KOSDAQ:A046120) for approximately KRW 720 million on March 12, 2015. Under the terms of the deal, 1.65 million shares are purchased at an offer per share of KRW 438.
Hae-Seon Choi completed the acquisition of 20.5% stake in Orbitech Co., Ltd. (KOSDAQ:A046120) on March 12, 2015.
Orbitech Co., Ltd., formerly Korea NonDestructive Testing Co., Ltd., is Korea-based company engaged in the provision of nondestructive testing (NDT) and other services. The Company operates in four categories of businesses: NDT business, which provides NDT services for gas pipes, oil pipes, power plants, ships, bridges, buildings, vessel and tanks; nuclear energy business, which provides radiation-related services, such as radiation management, radiation protection and decontamination, and wastes management services for facilities and utilities; environment business, which provides process development services and analysis services, such as soil, water and marine waste analysis services, and in-service inspection (ISI) business, which provides ISI services used in nuclear power plant sector.
ORBITECH CO., LTD. 
