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S&K Polytec to acquire NPD at W20b

[DISCLOSURE] S&K Polytec (091340) announced on Oct. 12 that it will acquire the entire stake of mobile phone parts manufacturer NPD (3.2 million shares) at 20 billion won (US$17.80 million) from Han Bu-yeong and one other to diversify its businesses. 

This amounts to 40.86 percent of the company’s equity capital. 

(theinvestor@heraldcorp.com)
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