[Asia Economy Reporter Choi Dae-yeol] NeonTech has decided to sell 1 billion KRW worth of its treasury stock over-the-counter to acquire KYS. KYS is a distributor of industrial robot automation parts, and the company plans to acquire 100% of the shares for 2.5 billion KRW. The remaining 1.5 billion KRW will be paid in cash.
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