An unknown buyer acquired 8.3% stake in TILON Co.,Ltd. from 2011 KIF-KB IT Professional Fund managed by KB Investment Co., Ltd.
September 22, 2020
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An unknown buyer acquired 8.3% stake in TILON Co.,Ltd. (XKON:A217880) from 2011 KIF-KB IT Professional Fund managed by KB Investment Co., Ltd. on September 22, 2020. As per the transaction, 2011 KIF-KB IT Professional Fund managed by KB Investment Co., Ltd. disposed 0.16 million shares in the transaction.
An unknown buyer completed the acquisition of 8.3% stake in TILON Co.,Ltd. (XKON:A217880) from 2011 KIF-KB IT Professional Fund managed by KB Investment Co., Ltd. on September 22, 2020.
Tilon Co Ltd is a Korea-based company principally engaged in the development and supply of application software. In addition, the Company is also engaged in the manufacture and sell of computer systems; developing and supplying total solutions. The Company mainly operates private cloud business that can be introduced as a built-in cloud due to security issues such as smart work, mobile office, green IT, and network separation in companies or public institutions. The Company also operates public cloud business that allows individuals or small and medium-sized businesses to pay only for what they use in a pay-as-you-go format and utilize the cloud system without building a system themselves.
TILON CO.,LTD. 