Telcoware announced that the largest shareholder and CEO of the company (Keum Han-Tae) will be undertaking a tender offer of 2.332 million shares (25.24%) to take the company private.
Tender offer price is 13,000 won per share. Tender offer period is from 19 May to 10 June.
Telcoware has 4.08 million treasury shares, accounting for 44.1% of outstanding shares.
Main services of Telcoware (Source: Company data)
Main services of Telcoware (Source: Company data)
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