Kyoei Steel Ltd. (TSE:5440) acquired additional 2.1% stake in Viet Nam - Italy Steel Joint Stock Company (HOSE:VIS) for ¥190 million on December 20, 2018. Under the transaction, Kyoei Steel Ltd. acquires 1.5 million shares. Post transfer, Kyoei Steel Ltd. will hold 54.5 million shares representing 73.8% stake.

Kyoei Steel Ltd. (TSE:5440) completed the acquisition of additional 2.1% stake in Viet Nam - Italy Steel Joint Stock Company (HOSE:VIS) on December 20, 2018.