A Plus Life Co., Ltd. completed the acquisition of 28.35% stake in NanoEntek, Inc. from SK Square Co., Ltd.
September 07, 2023
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A Plus Life Co., Ltd. agreed to acquire 28.35% stake in NanoEntek, Inc. (KOSDAQ:A039860) from SK Square Co., Ltd. (KOSE:A402340) for KRW 51.5 billion on July 12, 2023. As per the transaction, A Plus Life Co., Ltd. will acquire 7.6 million shares at KRW 6,776 per share. The transaction is expected to close on September 12, 2023. As of December 31, 2023, NanoEntek, Inc. generated total assets of KRW 63.3 billion, sales of KRW 35.2 billion and net income of KRW 4.6 billion.
A Plus Life Co., Ltd. completed the acquisition of 28.35% stake in NanoEntek, Inc. (KOSDAQ:A039860) from SK Square Co., Ltd. (KOSE:A402340) on September 8, 2023.
SK Square Co Ltd is a Korea-based company primarily engaged in investment business. The Company operates through five segments. The Investment Business Segment invests in the semiconductor and information and communication technology fields and has SK Hynix Inc as a subsidiary. The Security Business Segment provides unmanned security and human security services and develops system software. The Commerce Business Segment engages in e-commerce and Internet-related businesses. The Platform Business Segment operates information communication and internet platform services. The Other Business segment provides music services and content distribution, advertising, and transportation brokerage.
SK SQUARE CO., LTD. 
