GS Instrument to sell entire stake of GS Instech, largest shareholder changes
Jul 15, 2016
[DISCLOSURE] GS Instruments (007630) has decided to sell the entire 1 million shares of GS Instech for 1.35 billion won (US$1.19 million) to secure liquidity, it announced on July 14.Its largest shareholder has changed to iKaist and two others from GS Teletech and two others as they signed a stock transfer agreement to participate in management, it said in a separate statement. IKaist and two others now own 4.67 percent stake.