Marina Holdings, Inc. acquired 3.91% stake in Metalabs Co., Ltd. from Golden Core Co., Ltd. and Eunhye Lee for KRW 6 billion.
July 04, 2019
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Marina Holdings, Inc. acquired 3.91% stake in Metalabs Co., Ltd. (KOSE:A090370) from Golden Core Co., Ltd. and Eunhye Lee for KRW 6 billion on June 18, 2019. Marina Holdings acquired 2.2 million shares at a price of KRW 2760 per share. Golden Core sold 0.87 million shares and Eunhye Lee sold 1.31 million shares.
Marina Holdings, Inc. completed the acquisition of 3.91% stake in Metalabs Co., Ltd. (KOSE:A090370) from from Golden Core Co., Ltd. and Eunhye Lee on June 18, 2019.
METALABS CO., LTD., formerly AVISTA INC., is a Korea-based company mainly engaged in the casual apparel business. The Company produces and sells casual apparel and accessories under the brand of BNX, which is feminine and romantic character for women in their twenties; TANKUS, which is casual apparel with detailed design and dynamic color and fabrics; eryn brinie, which is soft and simple character casual apparel, and Kai-aakmann, which is feminine and masculine look character for men and women in their twenties. In addition, it is engaged in the overseas wholesale and retail of products through its affiliates in Shanghai, New York and Milano.