Tranche Update on Muhak Co., Ltd.'s Equity Buyback Plan announced on May 24, 2016.
June 12, 2016
Share
From May 24, 2016 to June 10, 2016, the company has repurchased 150,000 shares, representing 0.54% for KRW 4,461.68 million. With this, the company has completed the repurchase of 150,000 shares, representing 0.54% for KRW 4,461.68 million under the buyback announced on May 24, 2016.
Muhak Co Ltd is a Korea-based company principally engaged in the manufacture and sale of traditional liquor products. The Company operates its business through two segments. The Liquor Segment engaged in the manufacture of soju, a distilled beverage native to Korea, as well as chrysanthemum alcoholic drinks, plum wines, sparkling wines and rice wines. The Steel Segment engages in the manufacturing and processing electrical steel sheets and stainless steels for electric motors and transformers. The Company distributes its liquor product in domestic and overseas markets such as China, Vietnam.
MUHAK CO., LTD. 
