HAESUNG DS Co., Ltd. (KOSE:A195870) agreed to acquire PSMC PHILIPPINES,INC from PSMC CO., Ltd (KOSDAQ:A024850) for KRW 12,000 million on September 15, 2022. PSMC PHILIPPINES,INC generated Total Assets of KRW 17,711.81 million for June 30, 2022. Transaction is expected to close on December 16, 2022.

HAESUNG DS Co., Ltd. (KOSE:A195870) completed the acquisition of PSMC PHILIPPINES,INC from PSMC CO., Ltd (KOSDAQ:A024850) on December 16, 2022.