An unknown buyer acquired 11.71% stake in RaonSecure Co., Ltd. from S&P Restructuring Co., Ltd. for KRW 6.5 billion.
November 15, 2013 at 12:00 am EST
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An unknown buyer acquired 11.71% stake in RaonSecure Co., Ltd. (KOSE:A042510) from S&P Restructuring Co., Ltd. for KRW 6.5 billion on November 13, 2013. S&P Restructuring Co., Ltd. sold its 3.64 million shares for KRW 1800 per share.
An unknown buyer completed the acquisition of 11.71% stake in RaonSecure Co., Ltd. (KOSE:A042510) from S&P Restructuring Co., Ltd. on November 13, 2013.
Raonsecure Co., Ltd. is a Korea-based company principally engaged in the development and service for personal computer (PC) and mobile security solutions. The Company also provides identification solutions based on fast identity online (FIDO). Its main solutions include integrated access management, personal computer (PC) security, mobile security, ubiquitous public key infrastructure (PKI) and others. The Company is also engaged in the development of OmniOne, a decentralized identity platform based on blockchain and FIDO. Raon White Hat Co., Ltd, a wholly owned subsidiary of the Company, provides consulting service for cyber security and information technology (IT) infrastructure protection.