Wonil Special Lecture, Acquisition of 660,000 Shares of Hyosung Metal for 3.3 Billion KRW

[Asia Economy Reporter Song Seung-yoon] On the 27th, Wonil Special Steel, a KOSDAQ-listed company, announced that it will acquire 660,000 shares of Hyosung Metal, a steel manufacturing company, for 3.3 billion KRW.

After acquiring the shares, Wonil Special Steel's stake in Hyosung Metal will be 100%. The scheduled date for the share acquisition is the same day as the announcement.

Wonil Special Steel stated that the purpose of this share acquisition is "to promote business diversification."