Taeyoung Engineering & Construction Co.,Ltd. (KOSE:A009410) acquired an additional 19.9% stake in Mcieta Development Co., Ltd. from Korea Land & Housing Corporation for KRW 23.3 billion on April 26, 2019. As per the transaction, Taeyoung Engineering & Construction Co.,Ltd. acquired additional 2.99 million shares at KRW 7811 per share. Post completion, Taeyoung Engineering & Construction Co.,Ltd. hold 14.25 million shares representing 95% stake of Mcieta Development Co., Ltd. while Korea Land & Housing Corporation held no stake. Taeyoung Engineering & Construction Co.,Ltd. (KOSE:A009410) completed the acquisition of an additional 19.9% stake in Mcieta Development Co., Ltd. from Korea Land & Housing Corporation on April 26, 2019.