National Pension Service acquired 5.1% stake in Dongsung Finetec Co., Ltd..
January 09, 2014 at 09:30 am IST
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National Pension Service acquired 5.1% stake in Dongsung Finetec Co., Ltd. (KOSDAQ:A033500) on January 9, 2014. National Pension Service acquired 1.4 million shares in the transaction.
National Pension Service completed the acquisition of 5.1% stake in Dongsung Finetec Co., Ltd. (KOSDAQ:A033500) on January 9, 2014.
DONGSUNG FINETEC CO., Ltd, formerly FINETEC CORP, is a Korea-based company mainly engaged in the manufacture of polyurethane (PU) heat insulation materials. The Company operates in two business segments: PU heat insulation materials segment and gas segment. Its PU heat insulation materials segment manufactures PU systems, cryogenic insulation materials and sandwich panels, which are used as heat insulation materials for household appliances, industrial liquefied natural gas (LNG) and construction under the brand name FINEpol, FINEcover and others. Its gas segment manufactures seamless gas cylinders (SGCs), fire protection systems and refrigerants under the brand name FINEXG, FINEGAS and others. It also involves in the real estate rental business. The Company distributes its products within domestic market and to overseas markets.