Fidelity Management & Research Company along with three other buyers acquired an additional 9.99% stake in Hwacheon Machine Tool Co. Ltd. (KOSE:A000850) on May 16, 2014. Under the terms of the transaction, Fidelity Management & Research Company along with three other buyers acquired 0.21 million Hwacheon shares.

Fidelity Management & Research Company along with three other buyers completed the acquisition of an additional 9.99% stake in Hwacheon Machine Tool Co. Ltd. (KOSE:A000850) on May 16, 2014.