SK Telecom Co. Ltd. along with Park Jin-Hyeon and Jung Chan-Ilg completed the acquisition of an additional 6.6% stake in NanoEnTek Inc. from Jang Jun Geun, Park Jin-Hyeong, Cho Han-Sang, Cho Han-Sang and Jung Chan-Il.
April 03, 2014 at 12:00 am EDT
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SK Telecom Co. Ltd. (KOSE:A017670) along with Park Jin-Hyeon and Jung Chan-Ilg signed an agreement to acquire additional 6.6% stake in NanoEnTek Inc. (KOSE:A039860) from Jang Jun Geun, Park Jin-Hyeong, Cho Han-Sang, Cho Han-Sang and Jung Chan-Il for KRW 7.8 billion on November 14, 2013. After the completion of the transaction, SK Telecom expects to hold a 15.48% stake in NanoenTek Inc. The transaction is funded from own funds. The deal is expected to be completed by April 3, 2014. Kpmg Samjong Accounting Corporation acted as external auditor for the transaction.
SK Telecom Co. Ltd. (KOSE:A017670) along with Park Jin-Hyeon and Jung Chan-Ilg completed the acquisition of an additional 6.6% stake in NanoEnTek Inc. (KOSE:A039860) from Jang Jun Geun, Park Jin-Hyeong, Cho Han-Sang, Cho Han-Sang and Jung Chan-Il on April 3, 2014.
SK Telecom Co Ltd is a Korea-based company primarily engaged in the provision of wireless communication services. The Company operates the business through five segments. The Wireless Communication Business segment provides mobile phones, wireless data, information communication business. The Wireline Communication Business segment offers telephones, high speed Internet, data and network rental services. The Security segment provides services such as personnel and machine security, and information protection. The Commerce segment is engaged in e-commerce business. The Other segment is involved in the businesses such as information communication, electronic banking, advertising, Internet portal services.
SK Telecom Co. Ltd. along with Park Jin-Hyeon and Jung Chan-Ilg completed the acquisition of an additional 6.6% stake in NanoEnTek Inc. from Jang Jun Geun, Park Jin-Hyeong, Cho Han-Sang, Cho Han-Sang and Jung Chan-Il.
SK TELECOM CO., LTD. 
