Green Energy Holdings Limited made an offer to acquire additional 31.5% stake in Korea Environment Technology Co., LTD. (KOSDAQ:A029960) for KRW 86.7 billion on November 8, 2017. The offer is made for 15.75 million shares at KRW 5500 per share. Post transaction of full acceptance of the offer, Green Energy Holdings Limited will hold 71.89% stake in Korea Environment Technology Co., LTD. The tender offer will commence on November 8, 2017 and close on November 27, 2017. The payment will be done on November 30, 2017. Korea Investment & Securities Co., Ltd. acted as Service handling institution in the transaction. Green Energy Holdings Limited completed the acquisition of additional 18.9% stake in Korea Environment Technology Co., LTD. (KOSDAQ:A029960) for KRW 52 billion on November 27, 2017. Green Energy Holdings Limited acquired a total of 9.45 million shares. Post completion, Green Energy Holdings Limited holds 59.29% stake.