Ecopro BM and Ecopro Global Acquire Additional Shares Worth 80 Billion KRW

[Asia Economy Reporter Seongpil Cho] EcoPro BM announced on the 27th that it will additionally acquire 8 million shares of its subsidiary EcoPro Global, which is engaged in secondary battery material sales and import-export business, for 80 billion KRW. After the acquisition, EcoPro BM's stake in EcoPro Global will reach 100%. The scheduled date for the share acquisition is the 31st of next month. EcoPro BM stated that the purpose of this share acquisition is to "secure investment funds for the Hungary region of its subsidiary EcoPro Global Co., Ltd."