BGF Acquires Additional 101.9 Billion KRW Shares in Subsidiary BGF Eco Materials

On the 13th, BGF announced that it will additionally acquire 11,333,120 shares of its high-performance polymer material manufacturing and sales subsidiary, BGF Ecomaterials, for approximately 101.9 billion KRW.

BGF stated, "The shares were acquired based on internal investment decisions considering future growth potential and investment value."

With this stock acquisition, BGF's stake in BGF Ecomaterials has increased to 64.3%.