Fine International Corp. acquired an additional 2.33% stake in Fine Besteel Co., Ltd. (KOSE:A133820) from New Growth Engine Green Future PEF for KRW 3.4 billion on February 29, 2016. Fine International Corp. acquired 0.75 million shares at KRW 4500 per share. After the transaction, Fine International Corp. will hold 4.12 million shares of Fine Besteel.

Fine International Corp. completed the acquisition of an additional 2.33% stake in Fine Besteel Co., Ltd. (KOSE:A133820) from New Growth Engine Green Future PEF on February 29, 2016.