Robotis Invests 18.1 Billion Won in Robo Automation Investment Fund
Robotis announced on July 8 that it has invested 18.1 billion won in the Hyundai Investment Partners CL Robo Automation New Technology Fund.
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The acquisition amount is 18.1 billion won, which is equivalent to 5.76% of the company’s equity capital. The scheduled acquisition date is July 14, and after the acquisition, Robotis will hold a 62.85% stake.
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