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System And Application Technologies Co Ltd to Acquire Korea Traffic System Co., Ltd.


Monday, 19 Aug 2013 01:36am EDT 

System And Application Technologies Co Ltd announced that it has decided to acquire 26,200 shares (a 100% stake) of Korea Traffic System Co., Ltd., a manufacturer of road meters, from Yim Hyeon Cheol and two other individuals for KRW 7,093,492,800, for business diversification. The expected transaction settlement date is August 30, 2013. 

Company Quote

1425.0
5.0 +0.35%
26 Nov 2014