Korea Parts & Fasteners Co.,Ltd announced that it has received KRW 20 billion in funding from Focus Asset Management Co., Ltd., Asam Asset Management Co., Ltd., Hanyang Securities Co., Ltd., Investment Arm, SUSUNG ASSET MANAGEMENT Co., Ltd., Mirae Asset Securities Co., Ltd., Tiger Investment Advisory Co.,Ltd.
July 19, 2021
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On July 20, 2021, Korea Parts & Fasteners Co.,Ltd closed the transaction.
Korea Parts & Fasteners is a Korea-based company engaged in the manufacturing and distribution of bolts, nuts and other forging products. The Companyâs products portfolio consists of high torque (H/T) bolts, tensile control (T/C) bolts, structural bolts and couplings, which are used in construction works; heavy hex bolts, heavy hex nuts and stud bolts, which are used in petrochemical plants; flange nuts, flange screws, castle nuts, cylinder head bolts and others, which are used in heavy equipment; bearing inner and outer races, gear blanks, pinion gears and others, which are used for automobiles, as well as foundation anchor bolts, barrel nuts and others, which are used in wind power plants. The Company also involves in the building leasing business.
Korea Parts & Fasteners Co.,Ltd announced that it has received KRW 20 billion in funding from Focus Asset Management Co., Ltd., Asam Asset Management Co., Ltd., Hanyang Securities Co., Ltd., Investment Arm, SUSUNG ASSET MANAGEMENT Co., Ltd., Mirae Asset Securities Co., Ltd., Tiger Investment Advisory Co.,Ltd.