Union Global Contents Investment Fund and UNION Future VFX Fund of Union Investment Partners Co., Ltd, IBKC - Solidus Bio Secondary Future Creation Investment Fund of Solidus Investment Co., Ltd., P&I-L&S Secondary Fund 1, Shinhan Capital Co., Ltd. and Central Convergent Contents Technology Fund of Central Investment Partners cancelled the acquisition of 12.26% stake in IMC Games Co., Ltd. from HanbitSoft, Inc..
April 23, 2018
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Union Global Contents Investment Fund and UNION Future VFX Fund of Union Investment Partners Co., Ltd, IBKC - Solidus Bio Secondary Future Creation Investment Fund of Solidus Investment Co., Ltd., P&I-L&S Secondary Fund 1, Shinhan Capital Co., Ltd. and Central Convergent Contents Technology Fund of Central Investment Partners agreed to acquire 12.26% stake in IMC Games Co., Ltd. from HanbitSoft, Inc. (KOSDAQ:A047080) for KRW 9.2 billion on April 24, 2017. The consideration will be paid in cash. HanbitSoft will sell a total of 0.012 million shares of IMC and hold 0.028 million shares on closing. IMC reported total assets of CNY 14.774 billion, total capital of CNY 8.958 billion, sales of CNY 13.324 billion and net profit of CNY 1.832 billion. Resolution with respect to the transaction was passed on April 24, 2017. The scheduled date of the transaction is April 27, 2017. Samhwa Accounting Corporation acted as external rating institution in the transaction.
Union Global Contents Investment Fund and UNION Future VFX Fund of Union Investment Partners Co., Ltd, IBKC - Solidus Bio Secondary Future Creation Investment Fund of Solidus Investment Co., Ltd., P&I-L&S Secondary Fund 1, Shinhan Capital Co., Ltd. and Central Convergent Contents Technology Fund of Central Investment Partners cancelled the acquisition of 12.26% stake in IMC Games Co., Ltd. from HanbitSoft, Inc. (KOSDAQ:A047080) on April 24, 2018.
HANBIT SOFT Inc. is a Korea-based company primarily engaged in the online game service business and character toys distribution business. The Company operates its business mainly through two divisions: online game division and character division. Its online game division provides online games, including The Heaven of Three Kingdoms, Akia, Mythos, Granado Espada, Hellgate, FCManager, Audition English and others through its portal site, www.hanbiton.com. Its character division engages in the distribution of character toys, such as blocks and robots. In addition, the Company provides online advertising services. The Company's affiliated companies are mainly engaged in the development of game software and provision of online game services. It distributes its products within domestic market and to overseas markets.
Union Global Contents Investment Fund and UNION Future VFX Fund of Union Investment Partners Co., Ltd, IBKC - Solidus Bio Secondary Future Creation Investment Fund of Solidus Investment Co., Ltd., P&I-L&S Secondary Fund 1, Shinhan Capital Co., Ltd. and Central Convergent Contents Technology Fund of Central Investment Partners cancelled the acquisition of 12.26% stake in IMC Games Co., Ltd. from HanbitSoft, Inc..