Sam Whan Camus Co. Ltd.'s Equity Buyback in the amount of KRW2000 mm has expired
August 31, 2012 at 12:00 am EDT
Share
The Board of Directors of Sam Whan Camus Co. Ltd. (KOSE:A013700) authorized a share repurchase program on September 28, 1994. Under the plan, the company repurchase up to KRW 2 billion worth own shares pursuant to a trust agreement with Korea Investment & Securities Co., Ltd. The plan will expire on September 25, 2002.
On September 25, 2002, the company extended the buyback program till September 25, 2007.
On September 25, 2007, the company extended the buyback program till September 25, 2012.
On August 17, 2012, the company decided to terminate the agreement on August 31, 2012. On August 17, 2012, the company has repurchased 530,974 shares. Korea Investment & Securities Co., Ltd acted as the broker for the buyback program.
Sam Whan Camus Co. Ltd.'s share repurchase program expired on August 31, 2012.
CAMUS ENGINEERING & CONSTRUCTION Inc., formerly SAMWHAN CAMUS CO., LTD is a Korea-based company mainly engaged in the construction business. The Company is involved in the construction of residential buildings construction, office buildings and commercial buildings, and reconstruction business and others. It also operates civil engineering business, which engages in the construction of roads, tunnels, subways, railways and others. It also engages in the manufacture and distribution of precast concretes (PCs) used in construction. In addition, the Company involves in the real estate leasing business. Its main clients are Korea Land and Housing Corporation, Halla Engineering and Construction Corporation, Citibank, Hyundai Capital Services, Inc. and others.
CAMUS ENGINEERING & CONSTRUCTION INC. 