IBK Securities Co. Ltd., Investment Arm acquired 9.4% stake in E-World Co., Ltd..
November 31, 2016
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IBK Securities Co. Ltd., Investment Arm acquired 9.4% stake in E-World Co., Ltd. (KOSE:A084680) on November 1, 2016. Under the terms, the buyer acquired 8.5 million shares of E-World Co.
IBK Securities Co. Ltd., Investment Arm completed the acquisition of 9.4% stake in E-World Co., Ltd. (KOSE:A084680) on November 1, 2016.
E-WORLD CO.,LTD. is a Korea-based company engaged in the operation of amusement facilities. The Company operates amusement facilities such as ghost houses, aladdins, flume rides, Andersen house, Vikings, tambourines, sky cabs, roller coasters, merry-go-round, eagle formations, bumper cars, boomerangs, balloons travels, flying elephant, mini Vikings, magic trains, jumping frogs, dancing airplanes, mini cars, camel backs, top spins, ice rinks and animal farms, as well as 83 tower. It also holds four seasons flower festivals and seasonal festivals such as summer night festival, autumn chrysanthemum festival, winter white festival and others. The Companyâs affiliated company is engaged in the operating of cruise ships, inland marine transportation, food service business and cooking retail business.