StarFlex Co., Ltd. is a Korea-based company engaged in the manufacturing of the polyvinyl chloride (PVC) flex products for advertising industry. The Company's products portfolio consists of backlit flex banners, front lit flex banners, block out flex banners, self adhesive banners, coated flex banners, solit banners and textile banners, which are used in digital printing, billboards, building murals and in-store displays. The Company distributes its products within domestic market and to overseas marekts, such as Asia, North America, Central and South America, Europe, the Middle East and Africa. As of December 31, 2011, the Company had three affiliated companies. On January 18, 2013, the Company acquired additional shares of STAR CHEMICAL CO. LTD, which is mainly engaged in the manufacturing of chemical fiber. After the acquisition, it held 90.63% stake in STAR CHEMICAL CO. LTD.