Hee-Won Kim along with another buyer signed a contract to acquire 19.62% stake in Orbitech Co., Ltd. from Eui-Jong Lee for KRW 10 billion.
March 22, 2015
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Hee-Won Kim along with another buyer signed a contract to acquire 19.62% stake in Orbitech Co., Ltd. (KOSDAQ:A046120) from Eui-Jong Lee for KRW 10 billion on March 23, 2015. Hee-Won Kim along with another buyer will acquire 1.41 million shares of Orbitech. The transaction is expected to complete on January 29, 2016.
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. 
