WiSoL Acquires 100% of NR Lab for 18.9 Billion KRW to Secure Tx Module Technology and Enhance RF Business Efficiency
WiSoL decided to acquire all 8 million shares of its affiliate NR Lab Co., Ltd. from its largest shareholder Daeduck Co., Ltd. for approximately 18.9 billion KRW in cash.
The acquisition aims to secure Tx module technology and improve RF business operational efficiency. The purchase price represents 6.4% of equity and 5.5% of total assets.
NR Lab, an electronic components manufacturer, recorded sales of 79.1 billion KRW and net profit of 3.3 billion KRW in 2025. WiSoL expects this acquisition to strengthen its business portfolio.
While the transaction with the largest shareholder poses governance risks, the counterparty Daeduck is a large listed holding company with high creditworthiness.
[AI Summary]WiSoL is strengthening its RF business competitiveness by using its cash reserves to acquire NR Lab which holds Tx module technology. No new shares are issued so existing shareholder value is not diluted, but attention is needed regarding minority shareholder rights due to the related-party transaction.
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Decision on Acquisition of Stocks and Investment Securities of Other Corporations