Brief: Citech to buy Roadwise for 1.5 bln won

CItech Co

21/11/2016 06:10

Nov 21 (Reuters) - Citech Co Ltd  004920.KS  : 
       
    * Says it will acquire 20,000 shares of Roadwise Co.,Ltd, 
which is engaged in web for education, APP development, mobile 
platform development and digital contents development, to 
increase sales and improve profitability  
    * Says transaction amount is 1.5 billion won  
    * Says it will hold 100 percent stake(20,000 shares) in 
Roadwise Co.,Ltd, after the transaction 
     
    Source text in Korean: https://goo.gl/L0SJfy 
    Further company coverage:  004920.KS  
 
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