Tranche Update on Vissem Electronics Co., Ltd.'s Equity Buyback Plan announced on September 4, 2017.
December 08, 2017 at 03:10 am
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From September 4, 2017 to September 30, 2017, the company has repurchased 111,625 shares, representing 1.86% for KRW 656.23 million. With this, the company has completed the repurchase of 111,625 shares, representing 1.86% for KRW 656.23 million under the buyback announced on September 4, 2017.
Vissem Electronics Co.,Ltd. is a Korea-based company engaged in the manufacturing of light emitting diode (LED) modules and light guide panels. The Company manufactures LED devices and modules, including LED lamps for LED display boards, LED surface mount device (SMD) chips for LED displays, indoor use LED dot matrix modules and others; LED screens, including outdoor LED screens, indoor display boards and others; optical communication components, including optical fibers, optical termination boxes and other accessories, as well as LED lighting equipment. It also involves in the provision of power supplies, cooling tanks and others for KTX electron industry. It also involves in the manufacture and sale of communication equipment, printed circuit boards (PCBs) and transformer parts through DONGYANG TELECOM CO., LTD.