Truston Asset Management Co., Ltd. acquired 5.48% stake of Sangsin Brake Co., Ltd. (KOSE:A041650) on June 24, 2014. Under the terms, Truston Asset Management acquired 1.06 million shares of Sangsin Brake in this transaction.
Truston Asset Management Co., Ltd. completed the acquisition of 5.48% stake of Sangsin Brake Co., Ltd. (KOSE:A041650) on June 24, 2014.
SANGSIN BRAKE is a Korea-based company principally engaged in the manufacture of automobile components. The Company operates its business through two segments: brake friction materials segment and equipment segment. Its brake friction segment engages in the manufacture of brake friction materials, including brake pads, brake shoe assemblies, brake assemblies and linings for passenger cars, trucks, buses and others under the brand name Hi-Q and HARDRON. Its equipment segment engages in the manufacture of friction materials manufacture equipment. The Companyâs main clients are Hyundai Motor, Tata Deawoo Commercial Vehicle, Dymos Incorporated, Hyundae Mobis, Mando Corporation, Korea Delphi Automotive Systems Corporation, GM KOREA COMPANY and others.
SANGSIN BRAKE CO., LTD. 
