Dongbu Asset Management Co., Ltd. acquired 5.1% stake in SeAH Special Steel Co., Ltd..
November 07, 2016
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Dongbu Asset Management Co., Ltd. acquired 5.1% stake in SeAH Special Steel Co., Ltd. (KOSE:A019440) on November 8, 2016. Dongbu Asset Management acquired 0.4 million shares of SeAH Special Steel.
Dongbu Asset Management Co., Ltd. completed the acquisition of 5.1% stake in SeAH Special Steel Co., Ltd. (KOSE:A019440) on November 8, 2016.
SeAH SPECIAL STEEL CO.,LTD. is a Korea-based company engaged in the manufacture of steel products. The Company's product portfolio consists of cold heading quality (CHQ) wires and cold drawn (CD) bars. Its CHQ wires are used in making coupling parts, such as bolts, nuts and small screws, and in parts for machines, such automobiles and electrical equipments. Its CD bars are mainly used as machines parts and electronics materials. In addition, the Company produces stainless steel (STS) bars and others. The Company distributes its products within domestic market and to overseas markets.