An unknown buyer acquired 33.05% stake in J. Stephen Lab., Ltd. from an investment association.
January 04, 2017
Share
An unknown buyer acquired 33.05% stake in J. Stephen Lab., Ltd. (KOSDAQ:A096690) from an investment association on January 5, 2017. Under the terms, the association sold 46.3 million shares.
An unknown buyer completed the acquisition of 33.05% stake in J. Stephen Lab., Ltd. (KOSDAQ:A096690) from an investment association on January 5, 2017.
ARoot Co Ltd, formerly J Stephen Lab Ltd, is a Korea-based company engaged in the manufacturing and sale of mini printers. The Company operates its business through three main segments. The Mini Printer Business segment manufactures and sells point of sale (POS) printers, which are used for receipts output, tickets issuing and lotteries output in department stores, hotels and restaurants; label printers, which are used in plants and distribution centers; mobile printers used for parking management, delivery-related industrials and sticker output, as well as printer mechanisms, which are used for credit card terminals, parking systems, kiosk banking systems and POS systems. The Distribution Business segment sells products such as bags and watches. The Electric Equipment Business segment is engaged in the manufacturing of power supply apparatuses and power converters.