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Abico Electronics invests 5.9 billion won in subsidiary ABCO Electronics Vina · Endata

◂ Announcements

Oct 23, 2019INVESTMENTVietnam

Abico Electronics invests 5.9 billion won in subsidiary ABCO Electronics Vina

Abico Electronics announced it will invest approximately 5.9 billion won in its subsidiary ABCO Electronics Vina, increasing its stake to 100%.

Value

$5.00M (5.90B KRW)

Status

Announced

Productselectronic components

CompaniesAbico Electronics ABCO Electronics Vina target

Sectors#Semiconductors and Industrial Electronics

“아비코전자는 이번 조처의 목적을 '원가경쟁력 확보 및 해외 현지 고객사 대응 능력 강화'라고 밝혔다.”yna.co.kr

1 source
yna.co.kr아비코전자 "자회사 ABCO에 59억원 출자…지분율 100%" | 연합뉴스증권부Oct 23, 2019

Summarized from public sources; check the original articles before acting on it.

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