East Seoul Underpass Company announced a private placement of 399,000 common shares at a price of KRW 5,000 per share for gross proceeds of KRW 1,995,000,000 on May 10, 2022. The transaction will include participation from returning investor Daewoo Engineering & Construction Co., Ltd. to maintain 100% stake in the company. The transaction has been approved by the board of directors of the company.
Daewoo Engineering & Construction Co., Ltd.
Equities
A047040
KR7047040001
Construction & Engineering
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- News Daewoo Engineering & Construction Co., Ltd.
- East Seoul Underpass Company announced that it expects to receive KRW 1.995 billion in funding from Daewoo Engineering & Construction Co., Ltd.