Parkus to Acquire Additional ElPhoton Shares Worth 5 Billion Won
Parkus announced on July 8, 2026, that it will acquire an additional 92,100 shares of ElPhoton, a company specializing in the development, manufacturing, and sales of optical semiconductor products, for approximately 5 billion won.
Hot Picks Today
"Unimaginable in Korea": No Air Conditioning Despite 40°C Carriages... London's 'Gentleman’s Country' Endures Sweltering Subways
- "900 Snakes Escape in Heavy Rain, Including Venomous Species... Resident Hospitalized After Bite"
- "This Is a Company Worth 'Donjjal'ing": Delisting Fears Rise, But It's Been Supporting Veterans for 25 Years
- "Beyond Discomfort—It's Enough to Make You Sick"...Criticism Mounts Over Prime Minister Takaichi's 260 Million Yen Necklace
- Snapping Photos in Tokyo Wearing Uniqlo and Drinking Asahi Beer: "What Is No Japan?"—How Consumer Trends Have Changed
Following the acquisition, Parkus's ownership stake in ElPhoton will rise to 58.5%. The scheduled date for the share acquisition is September 1, 2026.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
