Lee Ho Jin and four related parties acquired an additional 5.44% stake in Daehan Synthetic Fiber Co., Ltd..
April 04, 2014 at 12:00 am EDT
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Lee Ho Jin and four related parties acquired an additional 5.44% stake in Daehan Synthetic Fiber Co., Ltd. (KOSE:A003830) on April 4, 2014. Under the terms of the acquisition, 0.06 million shares were being acquired by Lee and other shareholders. The shareholders' combined stake increased to 61% from 56.4%.
Lee Ho Jin and four related parties completed the acquisition of an additional 5.44% stake in Daehan Synthetic Fiber Co., Ltd. (KOSE:A003830) on April 4, 2014.
DAEHAN SYNTHETIC FIBER CO.,LTD. is a Korea-based company engaged in the manufacture of polyester yarn products. The Companyâs main products consist of regular yarns, including full drawn yarns (FDYs) and pre-oriented yarns (POYs), as well as specialty yarns, which are used in the high-density fabrics, wool fabric pants, circular knitting and warp knitting, swimming suits, female blouses and others. It also provides semi-dull yarns, full-dull yarns, bright yarns, black yarns and master-match chips, among others. The Company provides its products under the brand name of ACEPORA. In addition, it is involved in the leasing of real estates. The Company distributes its products within domestic market and to overseas markets.
DAEHAN SYNTHETIC FIBER CO., LTD. 
