3D Enter Co., Ltd. acquired an additional 0.5% stake in Nature and Environment Co., Ltd. for approximately KRW 460 million.
August 19, 2016
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3D Enter Co., Ltd. acquired an additional 0.5% stake in Nature and Environment Co., Ltd. (KOSDAQ:A043910) for approximately KRW 460 million on August 17, 2016. Under the terms of the deal, 0.1 million shares are acquired at an offer per share of KRW 4,575. After the transaction, 3D Enter Co. will own 0.55 million shares in Nature and Environment Co.
3D Enter Co., Ltd. completed the acquisition of an additional 0.5% stake in Nature and Environment Co., Ltd. (KOSDAQ:A043910) on August 17, 2016.
Nature & Environment Co., Ltd. is a Korea-based company engaged in the steel business and environmental restoration businesses. Its steel business provides stainless steel pipes and other steel products, which are used for piping, boilers, heat exchangers and others. Its environmental restoration business includes restoration business, which produces geo green cells, blocks, walls and others used in river restoration constructions; landscaping business, which mainly provides grass for landscaping constructions, and water business, which provides water, soil and lakes purification services.