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KAFCO C&I: Signs Distribution Contract with Korea-Based Company
Kafco C&I Co. Ltd. has signed a contract with a Korea-based company to get a right to distribute IDsentrie (Network Identity Management), Reuters Key Developments reports.
Reuters explains that IDsentrie is a networks product in Korea.
Headquartered in Gyeonggi Province, Korea, Kafco C&I Co., Ltd. is an equipment manufacturer of lithium batteries. The company provides its products under two categories: formation and power supply equipment. Its formation equipment includes formation and grading equipment, disposable battery dischargers and research and development (R&D) equipment used by manufacturers of lithium batteries, mobile phones, condensers and others. Its power supply equipment is used in electric power stations, plating factories and others.
Korea Ratings gives the company's KRW1.20-billion bond a CCC rating with negative outlook, as of April 18, 2006.
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