South Korean Dong Teuk purchases 8% shareholding of i100

i100 (0616) and South Korea listed company Dong Teuk jointly announced that Dong Teuk would buy 8% shareholding of i100 and sign a memorandum of understanding with it to form a new company, which focused on the wireless entertainment businesses. The two companies would be the subsidiary technology companies of the new one. 

i100 and Dong Teuk would equally hold 50% shareholding of the new joint venture.

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