Tranche Update on Hanssem Co., Ltd.'s Equity Buyback Plan announced on February 20, 2017.
March 15, 2017
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From February 20, 2017 to March 16, 2017, the company has repurchased 250,000 shares, representing 1.38% for KRW 53,841.85 million. With this, the company has completed the repurchase of 250,000 shares, representing 1.38% for KRW 53,841.85 million under the buyback announced on February 20, 2017.
Hanssem Co Ltd is a Korea-based company primarily engaged in the manufacture and sale of kitchen and interior furniture. The Company operates its business through three segments: the Kitchen Furniture segment, the Interior Furniture segment and the Other segment. The Company provides furniture used for kitchens, bedrooms, living rooms, bathrooms and other spaces, such as beds, book cases, desks and sofas, chairs, dressers and others. It also provides allied furniture packages and related materials, as well as remodeling services. It is also engaged in the provision of real estate consulting services, and sales of other food. The Company distributes its products through shopping malls, internet shopping malls, sales agencies and interior alliance stores, as well as to overseas markets.