Muhak Co., Ltd is a Korea-based company engaged in the manufacture of traditional liquor products. The Company operates its business through two divisions: liquor division and steel division. Its liquor division mainly produces soju, a distilled beverage native to Korea, as well as chrysanthemum alcoholic drinks, plum wines, sparkling wines and rice wines. Its steel division manufactures and processes electrical steel sheets and stainless steels for electric motors and transformers. The Company distributes its liquor product within domestic market and to overseas markets, including China, Vietnam and others. As of December 31, 2011, the Company had four affiliated companies.
(Source: ARS)