An unknown buyer acquired Befesa Zinc Korea Co., Ltd. from Hankook Steel Co., Ltd. (KOSE:A025890) for KRW 5.1 billion on July 18, 2016. Hankook Steel Co., Ltd. sold entire 0.4 million shares and holds zero stake post transaction. Befesa Zinc Korea Co., Ltd. reported total assets of approximately KRW 86.5 billion, shareholder's equity of approximately KRW 54.32 and total liabilities of approximately KRW 32.2 billion for the year ended 2015. Resolution date of board of Directors of Hankook Steel was July 18, 2016. Scheduled date for sales is July 18, 2016. An unknown buyer completed the acquisition of Befesa Zinc Korea Co., Ltd. from Hankook Steel Co., Ltd. (KOSE:A025890) on July 18, 2016.