Shinyoung Asset Management Co., Ltd. acquired 5% stake in Kolon Fashion Material, Inc. (KOSE:A144620) on February 3, 2014. Under the terms of the agreement, Shinyoung Asset Management Co., Ltd. acquired 450,585 shares of Kolon Fashion Material, Inc.

Shinyoung Asset Management Co., Ltd. completed the acquisition of 5% stake in Kolon Fashion Material, Inc. (KOSE:A144620) on February 3, 2014.