Itcen Co., Ltd. cancelled the acquisition of 33.26% stake in Korea Jewery 3M Gold Co., Ltd.
August 09, 2019
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Itcen Co., Ltd. (KOSDAQ:A124500) agreed to acquire 33.26% stake in Korea Jewery 3M Gold Co., Ltd for KRW 15.7 billion on August 10, 2018. Under the transaction, Itcen Co., Ltd acquires 157.4 million shares. The transaction has been resolved by the Board of Itcen Co., Ltd. The transaction is expected to be completed by August 28, 2018.
Itcen Co., Ltd. (KOSDAQ:A124500) cancelled the acquisition of 33.26% stake in Korea Jewery 3M Gold Co., Ltd as of August 10, 2019.
ITCEN CO.,LTD., formerly ITCEN SYSTEMS Co., Ltd., is a Korea-based company engaged in the provision of information technology (IT) services. The Companyâs services consist of system integration; IT solutions, including hardware, network/security, software, information security, image and other solutions, and IT outsourcing, including IT infrastructure, strategy, computing operation, maintenance and security management services. The Company provides its services to public, defense, education, financial, communication and other industries.