| Title: | Cyberpass Inc acquires a minority stake in Mobilians Co Ltd (pending) |
| Price: | $48.00 |
| Publication Date: | May 08, 2008 |
| Abstract: | SOUTH KOREA - Cyberpass Inc,a majority-owned unit of Haansoft Inc, planned to raise its stake to 33.06% from 21.82% by acquiring a further 11.24% stake, or 1.403 mil ordinary shares, in Mobilians Co Ltd, a billing and payments services provider, for 11.77 bil Korean won ($11.311 mil US) in cash, in a privately negotiated transaction. |
| Acquirer: | Cyberpass Inc |
| Acquirer Business Discription: | Pvd electn payment svcs |
| Acquirer Ultimate Parent: | Haansoft Inc |
| Acquirer SIC Code: | 7374 - Data processing services |
| Target Name: | Mobilians Co Ltd |
| Target Business Description: | Pvd online payment svcs |
| Target SIC Code: | 7375 - Information retrieval services |
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