ILJIN Materials Co., Ltd. acquired an additional 65.61% stake in ILJIN Unisco Co., Ltd. for KRW 6.4 billion on November 29, 2013. ILJIN Materials Co., Ltd. acquired 0.4 million shares and post transaction will hold 79.36% stake in ILJIN Unisco Co., Ltd. For the year ending December 2012, ILJIN Unisco Co., Ltd. reported total assets of KRW 75.04 billion, total liabilities of KRW 54.53 billion, net assets of KRW 20.51 billion, sales of KRW 97.12 billion and loss of KRW 17.15 billion. The transaction has been resolved by Board of Directors of ILJIN Materials Co., Ltd and is expected to be closed by November 29, 2013.

ILJIN Materials Co., Ltd. (KOSE:A020150) completed the acquisition of an additional 65.61% stake in ILJIN Unisco Co., Ltd. on November 29, 2013.