GK Asset Co.,Ltd. sold 3.6% stake in Globon Co., Ltd..

GLOBON CO., LTD. is a Korea-based company engaged in cosmetics manufacturing business, as well as semiconductor equipment and handset distribution business. The Company produces cosmetics under the brand name of RUE KWAVE. It also engaged in semiconductor idle equipment and mobile phones distribution, semiconductor modification and improvement, as well as file access block (FAB) dismantling. The Company distributes its products within the domestic market and to overseas markets, including Europe, Asia and United States.