Fidelity Management & Research Company and three related parties acquired 5.4% stake in Geumhwa PSC Co., Ltd..
May 23, 2014 at 12:00 am
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Fidelity Management & Research Company and three related parties acquired 5.4% stake in Geumhwa PSC Co., Ltd. (KOSDAQ:A036190) on May 23, 2014. 0.32 million shares were acquired in the transaction.
Fidelity Management & Research Company and three related parties completed the acquisition of 5.4% stake in Geumhwa PSC Co., Ltd. (KOSDAQ:A036190) on May 23, 2014.
GEUMHWA PLANT SERVICE & CONSTRUCTION CO., LTD. is a Korea-based company mainly engaged in the construction of industrial plants. The Company constructs plants, such as thermoelectric power plants, nuclear power plants, petrochemical plants, liquefied natural gas (LNG) bases, tidal power plants, steel manufacturing plants, as well as other plant works, including the installation of incinerators, sewage disposal plants and apartment facilities. It also provides power plant maintenance services, including upkeep services, as well as precaution and rehabilitation services for boilers, desulfurization equipment, turbines and generators. In addition, it engages in the overseas plant construction business. It also involves in the manufacture of automotive components through Ansung Co Ltd.