< Major Announcements After Market Close >
◆ Vinatek = Acquired 100% of Ace Creation, a company engaged in the manufacturing and sales of hydrogen fuel cell separators, for 700 million KRW.
◆ Novatech = Decided to dispose of treasury shares worth 15.3 billion KRW to secure funds for facility expansion and operations due to business growth.
◆ IWons = Decided on a 100% free capital increase by allocating one new share per one common share.
◆ Actoz Soft = The Seoul Central District Court decided on March 3rd to provisionally seize bonds totaling 33 billion KRW, with 6.6 billion KRW each against third debtors Danal, Dow Data, Settle Bank, Korea Culture Promotion, and Happy Money, in a provisional seizure lawsuit filed by creditor Jeongi IP regarding settlement claims.
◆ Ewha Electric = Decided to acquire in cash 12 billion KRW worth of anonymous, unsecured private convertible bonds issued by iSpace Investec to secure investment and operating funds for its subsidiary.
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