South Korean private equity firm STIC Investments is reportedly set to soutinvest 1 trillion won ($843 million) in electric foil manufacturer Iljin Materials as the latter seeks to expand its operation in Malaysia, the US and Europe.

The firm invests across various sectors such as industrials, business services, ICT, bio and healthcare, consumer and consumer Technology, and games and entertainment. Iljin says on its website that it targets to achieve $1 billion in revenues by 2025.

S Korean Pe Firm Stic Said To Invest $843M In Electric Foils Maker Iljin

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S Korean Pe Firm Stic Said To Invest $843M In Electric Foils Maker Iljin

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