HI Investment & Securities Co., Ltd. acquired 4.4% stake in NK Co., Ltd. from Yoon So Park for KRW 8.7 billion.
May 07, 2015
Share
HI Investment & Securities Co., Ltd. acquired 4.4% stake in NK Co., Ltd. (KOSE:A085310) from Yoon So Park for KRW 8.7 billion on April 30, 2015. Under the terms of the deal, 2.15 million shares are purchased at an offer per share of KRW 4035. After the transaction, Yoon So Park will still hold 4.9 million shares in NK Co.
HI Investment & Securities Co., Ltd. completed the acquisition of 4.4% stake in NK Co., Ltd. (KOSE:A085310) from Yoon So Park on April 30, 2015.
NK CO., LTD. is a Korean company principally engaged in the manufacture and provision of fire extinguishing systems and high pressure gas cylinders. The Company operates its businesses through fire extinguishing system division, which provides carbon dioxide (CO2) systems for car carriers and engine rooms, loose fire fighting systems used as portable fire extinguishers for small scale fire, foam systems, dry powder systems and others; high pressure gas cylinder division, which provides industrial high pressure gas cylinders, compressed natural gas (CNG) fuel cylinders and industrial special gas cylinders, among others; ballast water treatment division, which provides ballast water treatment facilities, including ozone systems, filtration and electrolysis systems and others, and plant division, which mainly provides plant engineering services and relevant facilities. On December 18, 2013, the Company sold its entire shares of ENK CO., LTD.
NK CO., LTD. 
