WIZIT Co., Ltd. acquired 6.12% stake in Omnitel, Inc. from Vidente Co., Ltd..
September 19, 2019
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WIZIT Co., Ltd. (KOSDAQ:A036090) acquired 6.12% stake in Omnitel, Inc. (KOSDAQ:A057680) from Vidente Co., Ltd. (KOSDAQ:A121800) on September 19, 2019. Under the term, WIZIT acquired 2.06 million shares of Omnitel. Post completion, WIZIT will hold 7.91 million shares of Omnitel.
WIZIT Co., Ltd. (KOSDAQ:A036090) completed the acquisition of 6.12% stake in Omnitel, Inc. (KOSDAQ:A057680) from Vidente Co., Ltd. (KOSDAQ:A121800) on September 19, 2019.
Vidente Co., Ltd., formerly Seven Star Works Co., Ltd., is a Korea-based company mainly engaged in the manufacturing and marketing of high definition (HD) video equipment for digital broadcast. The Companyâs products portfolio consists of viewfinder monitors, color critical liquid crystal display (LCD) monitors, multi-format monitors, quad-screen monitors, digital visual interface (DVI) and high definition multimedia interface (HDMI) monitors, rack monitors, organic light emitting diode (OLED) monitors, three dimensional (3D) monitors, wall monitors and others. The Company distributes its products within domestic market and to overseas markets, including Germany, Russia, India, Egypt and others. In addition, it engages in the real estate rental business.
VIDENTE CO., LTD. 
