Sambu Engineering & Construction Co., Ltd announced a private placement to issue 9,715,025 common shares at an issue price of KRW 1,544 for the gross proceeds of KRW 14,999,998,600 on April 3, 2024. The transaction will include participation from returning investor DYD Co.,LTD. The transaction has been approved by the shareholders, restricted to a hold period and expected to close on April 11, 2024.