[Asia Economy Reporter Song Seung-yoon] On the 27th, Wonil Special Steel, a KOSDAQ-listed company, announced that it will acquire 660,000 shares of Hyosung Metal, a steel manufacturing company, for 3.3 billion KRW.


After acquiring the shares, Wonil Special Steel's stake in Hyosung Metal will be 100%. The scheduled date for the share acquisition is the same day as the announcement.



Wonil Special Steel stated that the purpose of this share acquisition is "to promote business diversification."


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