Green Energy Holdings Limited made an offer to acquire an additional 42.45% stake in Korea Environment Technology Co., LTD. (KOSDAQ:A029960) for approximately KRW 100 billion on July 10, 2017. Green Energy Holdings Limited will acquire 21.22 million shares of Korea Environment Technology Co., LTD. at KRW 4,730 per share in cash. Green Energy Holdings Limited currently owns 33.63% stake and will hold 76.08% stake in Korea Environment Technology Co., LTD. after the transaction. If the total number of shares to be submitted falls short of the number of shares to be purchased, Green Energy Holdings Limited will purchase all the shares that will be tendered and if it exceeds the number of shares, Green Energy Holdings Limited will purchase proportionally. The duration of the tender offer is from July 10, 2017 to July 31, 2017. The settlement will take place on August 3, 2017. Korea Investment & Securities Co., Ltd. acted as the broker in the transaction. Green Energy Holdings Limited completed the acquisition of an additional 6.75% stake in Korea Environment Technology Co., LTD. (KOSDAQ:A029960) for KRW 16 billion on July 31, 2017. Green Energy Holdings Limited acquired 3.38 million shares of Korea Environment Technology Co., LTD.