Daedong Metals Co., Ltd. announced that it has received KRW 7.5 billion in funding from Korea Investment & Securities Co., Ltd., Investment Arm, Shinhan Investment Corp., Investment Arm, Susung Asset Management Co., Ltd.
July 17, 2018
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On July 18, 2018, Daedong Metals Co., Ltd. (KOSDAQ:A020400) closed the transaction.
DAEDONG METALS Co. Ltd is a Korea-based company principally engaged in the manufacture and sale of casting machine parts. The Company manufactures cylinder heads, cylinder blocks, transmission cases, crankcases, clutch housings, oil coolers, oil cooler covers and others, which are used in commercial cars, small-sized cars, agricultural machines and industrial equipment. The Company sells its products within domestic market and to overseas markets.
Daedong Metals Co., Ltd. announced that it has received KRW 7.5 billion in funding from Korea Investment & Securities Co., Ltd., Investment Arm, Shinhan Investment Corp., Investment Arm, Susung Asset Management Co., Ltd.