Kiwoom Securities Co., Ltd., Investment Arm acquired 3% stake in CIS Co.Ltd. from SBI-Growth Ladder KONEX Promotion Fund managed by SBI Investment Korea Co., Ltd. for KRW 2.4 billion.
December 15, 2016
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Kiwoom Securities Co., Ltd., Investment Arm acquired 3% stake in CIS Co.Ltd. from SBI-Growth Ladder KONEX Promotion Fund managed by SBI Investment Korea Co., Ltd. (KOSDAQ:A019550) for KRW 2.4 billion on December 9, 2016. SBI-Growth Ladder KONEX Promotion Fund sold 0.1 million shares and reduced holding to 0.13 million shares.
Kiwoom Securities Co., Ltd., Investment Arm completed the acquisition of 3% stake in CIS Co.Ltd. from SBI-Growth Ladder KONEX Promotion Fund managed by SBI Investment Korea Co., Ltd. (KOSDAQ:A019550) on December 9, 2016.
SBI Investment KOREA Co., Ltd. is a Korea-based company mainly engaged in the venture capital business. The Company mainly operates venture investment business, which focuses on the companies operating in biotechnology, computers and peripherals, electronics and components, environment, Internet, energy, media and entertainment, networking and equipment, semiconductors, software and others. The Company is also involved in corporate restructuring business, which provides recapitalization, restructuring and reorganization and others, and mergers and acquisitions (M&A) business.
Kiwoom Securities Co., Ltd., Investment Arm acquired 3% stake in CIS Co.Ltd. from SBI-Growth Ladder KONEX Promotion Fund managed by SBI Investment Korea Co., Ltd. for KRW 2.4 billion.