POS Welding Co., Ltd. announced that it will receive KRW 3,500,000,000 in a round of funding from existing investor POSCO on January 22, 2013. The company will issue 350,000 shares at KRW 10,000 per share on a pre-emptive rights basis. The investor will own 50% stake in the company pursuant to the transaction.

The board of directors of the company approved the transaction.