Seoul Electronics & Telecom Co. Ltd. (KOSDAQ:A027040) sold 36.74% stake in Bowon Light Metal Co. Ltd. for KRW 3 billion on August 7, 2014. Seoul Electronics & Telecom Co. Ltd. sold 0.4 million shares. The Board of Directors of Seoul Electronics & Telecom Co. Ltd. made a resolution in favor of the transaction on August 7, 2014.

Seoul Electronics & Telecom Co. Ltd. (KOSDAQ:A027040) completed the sale of 36.74% stake in Bowon Light Metal Co. Ltd. on August 7, 2014.