Muhak Co., Ltd is a Korea-based company principally engaged in the manufacture of traditional liquor products. The Company operates its business through two segments: liquor segment and steel segment. Liquor Segment engaged in the manufacture of soju, a distilled beverage native to Korea, as well as chrysanthemum alcoholic drinks, plum wines, sparkling wines and rice wines. Steel Segment engages in the manufacturing and processing 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.