[Asia Economy Reporter Jang Hyowon] Iwon Compotech announced on the 9th that it will acquire 50% of the shares of Bit Galaxia No.1 Investment Association for 30 billion KRW for the purpose of acquiring management rights.
Bit Galaxia No.1 Investment Association holds shares in KOSDAQ-listed companies Bucket Studio (24.13%) and Vident (18%). Bucket Studio has a subsidiary, BT One.
With this acquisition of shares in Bit Galaxia No.1 Investment Association, Iwon Compotech effectively secures management rights of Bucket Studio, Vident, and BT One.
Meanwhile, Iwon Compotech's stock price surged last year while promoting colorectal cancer prevention and treatment projects with Professor Scott Worldman, a renowned professor in the US bio industry.
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