HS Holdings Co., Ltd acquired an additional 1.9% stake in Feelingk Co., Ltd from Liberty Partners, Ltd. for KRW 3.7 billion.
January 19, 2017
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HS Holdings Co., Ltd acquired an additional 1.9% stake in Feelingk Co., Ltd (KOSDAQ:A064800) from Liberty Partners, Ltd. for KRW 3.7 billion on January 13, 2017. Under the terms of the transaction, HS Holdings Co., Ltd acquired an additional 0.72 million shares for KRW 5100 per share. Post-closing, Liberty Partners, Ltd. will hold 3.3 million shares and HS Holdings Co., Ltd will hold 4.8 million shares in Feelingk Co., Ltd.
HS Holdings Co., Ltd completed the acquisition of an additional 1.9% stake in Feelingk Co., Ltd (KOSDAQ:A064800) from Liberty Partners, Ltd. on January 13, 2017.
PonyLink Co Ltd, formerly GemVaxLink Co Ltd, is a Korea-based company principally engaged in the clothing miscellaneous goods business. The Company operates its business through three segments. The Overseas Clothing and Miscellaneous Goods Wholesale and Retail segment is mainly engaged in the overseas clothing accessories wholesale and retail business. The Wireless Internet Solutions segment is mainly engaged in the e-commerce platform construction, messaging communication marketing, and mobile platform construction business. The Finance segment is mainly engaged in the provision of management consulting services.