Shinhan Investment Corp., Investment Arm acquired 7.94% stake in DigiCAP Co., Ltd. from Korea Development Bank, Investment Arm for KRW 1.3 billion.
January 04, 2018
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Shinhan Investment Corp., Investment Arm acquired 7.94% stake in DigiCAP Co., Ltd. (XKON:A197140) from Korea Development Bank, Investment Arm for KRW 1.3 billion on December 28, 2017. Korea Development Bank sold 0.25 million shares at the price of KRW 5,320 per share.
Shinhan Investment Corp., Investment Arm completed the acquisition of 7.94% stake in DigiCAP Co., Ltd. (XKON:A197140) from Korea Development Bank, Investment Arm on December 28, 2017.
DigiCAP Co., Ltd. is a Korea-based company mainly engaged in the provision of N-screen solutions and content security solutions. In addition, the Company is involved in the provision of broadcast service solutions, ultra high definition television (UHD) broadcast solutions, as well as the production and sale of broadcast service software. The N-screen solutions include video on demand (Vod) solution and mobile Internet protocol television (IPTV) solution. The content security solutions include conditional access systems (CASs), scrambler solution, digital rights management (DRM) and smart car security solution. The Company distributes its products within the domestic market and to overseas markets, including Netherlands.