Korea Fuel- Tech Poland Sp.z o.o. announced that it will issue 42,794 common shares at a price of KRW 151,785 for gross proceeds of KRW 6,495,487,290 on January 29, 2020. The transaction will included participation from existing investor Korea FuelTech Corporation for 5.36% stake in the transaction and will continue to hold 100% stake in the company after the completion of the transaction. The payment date is February 6, 2020. The transaction has been approved by the board of directors of the investor.