Dimoa Decides to Acquire Additional 6 Billion KRW Worth of IOQ, Its Affiliate's Shares
KOSDAQ-listed company Dimoa announced on the 26th that it will additionally acquire 1,438,848 shares of its affiliate IOK, which is engaged in broadcasting program production and distribution, for 6 billion KRW.
After the stock acquisition, Dimoa's stake in IOK will be 35.41%. The scheduled date for the stock acquisition is the 5th of next month.
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Dimoa stated that the purpose of the stock acquisition is "additional share acquisition and strategic investment."
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