TW Holdings Co., Ltd acquired 70% stake in Ptsilo Co.,Ltd. from Taeyoung Engineering & Construction Co.,Ltd. (KOSE:A009410) on September 1, 2020. As reported, TW Holdings Co., Ltd will acquire 7 million shares in Taeyoung Engineering & Construction Co.,Ltd. Post completion TW Holdings Co., Ltd will hold 70% stake and Taeyoung Industry Co., Ltd. hold 30% stake in Ptsilo Co.,Ltd. TW Holdings Co., Ltd completed the acquisition of 70% stake in Ptsilo Co.,Ltd. from Taeyoung Engineering & Construction Co.,Ltd. (KOSE:A009410) on September 1, 2020.