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FINE TECHNIX CO.,LTD to Purchase Shares of HK,Ltd.

Wednesday, 21 Aug 2013 04:35am EDT 

FINE TECHNIX CO.,LTD announced that it has decided to purchase 616,421 shares of HK,Ltd., which is engaged in the manufacturing of metal forging products, for KRW 27,496,366,031, to expand its business and improve sales. The expected transaction settlement date is March 31, 2014. After that, the Company will hold a 98.1% stake (616,421 shares) in the target company. 

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