EyesVision Acquires Ritco Shares Worth 20 Billion KRW... 88.8% Stake

EyesVision announced on the 14th that it will acquire 40 million shares of Ritco, a developer and manufacturer of electrostatic precipitators, for 20 billion KRW. After the acquisition, EyesVision's stake in Ritco will be 88.8%. The scheduled date for the stock acquisition is April 17 of this year. EyesVision stated that the purpose of this stock acquisition is "to pursue new business for business diversification."