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[DISCLOSURE] BUGS (104200) announced on Aug. 31 that it will acquire 18,781 shares of HOW entertainment for 11 billion won (US$9.82 million).
The online music sharing website is planning to diversify its business and participated in its capital increase through third-party allotment. Bugs’ stake will amount to 70 percent after the acquisition.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)
The online music sharing website is planning to diversify its business and participated in its capital increase through third-party allotment. Bugs’ stake will amount to 70 percent after the acquisition.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)
