The Korea Herald

피터빈트

CoAsia Holdings strengthens grip on subsidiary Itswell

By 황유미

Published : July 1, 2016 - 17:45

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[DISCLOSURE] CoAsia Holdings (045970) has acquired EastBridge Asian Mid-Market Opportunity Fund’s entire stake of its subsidiary Itswell for 12.8 billion won (US$11.1 million), it announced on July 1. This amounts to 10.2 percent of its equity capital. CoAsia took over 1,666,666 shares and now owns 82.56 percent stake.