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The Korea Herald
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THE INVESTOR
March 29, 2024

Market Now

Tellus acquires optic lens maker at W11b

  • PUBLISHED :December 03, 2018 - 12:45
  • UPDATED :December 03, 2018 - 12:45
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[DISCLOSURE] Tellus (196450) announced on Dec. 3 that it has decided to take over entire stake (204,000 shares) in optical lens and device maker Diostech at 10.9 billion won (US$9.79 million) “to strengthen lens business and to create synergy effect.”  

This amounts to 23.84 percent of its equity capital. 

By Hwang You-mee (glamazon@heraldcorp.com)

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