Korea Securities Finance Corporation, Investment Arm acquired 5.67% stake in SMEC Co., Ltd..
October 10, 2013 at 12:00 am
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Korea Securities Finance Corporation acquired 5.97% stake in SMEC Co., Ltd. on October 10, 2013. Korea Securities Finance Corporation acquired 0.8 million shares in SMEC Co., Ltd.
Korea Securities Finance Corporation completed the acquisition of 5.97% stake in SMEC Co., Ltd. on October 10, 2013.
SMEC CO., LTD is a Korea-based company mainly engaged in the machinery and communication industry businesses. The Companyâs machinery business is involved in the production of computer number control (CNC) lathes, machine centers, robots, lasers, catalogue archives, assemblies and original equipment manufacturer (OEM) products under the brand name LCV, PL and others. Its communication business is involved in the provision of trunk gateways, media gateways, signaling gateways, session border controllers, wireless transmission control protocols (TCPs), and maintenance services under the brand names NGTG, NGMG, NGSG, NGSBC and WTCP. The Company also provides repair and maintenance services for communication equipment. It distributes its products within domestic market and to overseas markets.
SMEC CO.,LTD 
