ENERGY&MACHINERY KOREA Co.,Ltd. announced that it has received KRW 24 billion in funding from Kb-Brain Kosdaq Scale-Up New Technology Business Investment Fund, Shinhan Investment Corp., eBest Investment Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm, Korea Investment & Securities Co., Ltd., Investment Arm
September 26, 2019
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On September 27, 2019, ENERGY&MACHINERY KOREA Co.,Ltd. (KOSDAQ:A095190) closed the transaction.
ENERGY&MACHINERY KOREA Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of machine tools. The Company operates its business through five main segments: machine tool segment, which produces computer numerical control (CNC) machine tools used to produce super-precision processing machines for automobiles, airplanes, ships and others; defense segment, which produces precision components used for aircrafts and armored cars; power plant generation segment, which produces nuclear power equipment components; steel segment provides steel manufacturing facilities to Hyundai-Steel Co., Ltd., and energy segment engages in the manufacture of ballast water treatment equipment. The Company distributes its products within domestic market and to overseas markets.
ENERGY&MACHINERY KOREA Co.,Ltd. announced that it has received KRW 24 billion in funding from Kb-Brain Kosdaq Scale-Up New Technology Business Investment Fund, Shinhan Investment Corp., eBest Investment Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm, Korea Investment & Securities Co., Ltd., Investment Arm