Core Key Value Fund 1 agreed to acquire 5.76% stake in HDPRO Co., Ltd. from Medici Stepladder Venture Fund For Green Growth of Medici Investment.
February 09, 2017
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Core Key Value Fund 1 agreed to acquire 5.76% stake in HDPRO Co., Ltd. (KOSDAQ:A214870) from Medici Stepladder Venture Fund For Green Growth of Medici Investment on February 6, 2017. Core Key Value Fund 1 will acquire 0.34 million shares of HDPRO. The deal is expected to close within March 20, 2017.
NewGLab Pharma Co Ltd, formerly NewGLab Co Ltd, is a company mainly engaged in the manufacturing and sale of closed-circuit television (CCTV) cameras. The Company's product portfolio consists of general analog cameras that used for CCTVs, high definition (HD) analog cameras, HD-serial digital interface (SDI) cameras, extend (EX)-SDI cameras, internet protocol (IP) cameras that used for network CCTVs, digital video recorders (DVRs) that used for image storage devices, network video recorders (NVRs) and others. In addition, the Company is involved in the business of 5G smartphone distribution. The Company distributes its products within domestic market and to overseas markets.