Data Technology Co.,Ltd. acquired an additional 2.19% stake in Nature and Environment Co., Ltd. from Dae-Yeol Jung for KRW 1.9 billion.
August 20, 2019
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Data Technology Co.,Ltd. acquired an additional 2.19% stake in Nature and Environment Co., Ltd. (KOSDAQ:A043910) from Dae-Yeol Jung for KRW 1.9 billion on August 13, 2019. As per terms, Data Technology Co.,Ltd. acquired an additional 1.17 million shares at KRW 1,628.6 per share from Dae-Yeol Jung. Upon completion of the transaction, Data Technology Co.,Ltd increased its stake in Nature and Environment Co., Ltd. from 1.56% to 3.75%.
Data Technology Co.,Ltd. completed the acquisition of an additional 2.19% stake in Nature and Environment Co., Ltd. (KOSDAQ:A043910) from Dae-Yeol Jung on August 13, 2019.
Nature & Environment Co., Ltd. is a Korea-based company engaged in the steel business and environmental restoration businesses. Its steel business provides stainless steel pipes and other steel products, which are used for piping, boilers, heat exchangers and others. Its environmental restoration business includes restoration business, which produces geo green cells, blocks, walls and others used in river restoration constructions; landscaping business, which mainly provides grass for landscaping constructions, and water business, which provides water, soil and lakes purification services.