KCC Engineering & Construction Co., Ltd. acquired land of 1.22 million square meters in Ulju-gun, Ulsan Metropolitan City from TS D&C Co., Ltd. for approximately KRW 160 billion.
June 20, 2014 at 12:00 am EDT
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KCC Engineering & Construction Co., Ltd. (KOSDAQ:A021320) acquired land of 1.22 million square meters in Ulju-gun, Ulsan Metropolitan City from TS D&C Co., Ltd. for approximately KRW 160 billion on June 20, 2014. Under the payment terms, The consideration will be paid within 15 days after acquisition completion. The transaction has been resolved by the Board of KCC Engineering & Construction and the payment will be made within 15 days after completion. The scheduled date for completion is set as June 20, 2014.
KCC Engineering & Construction Co., Ltd. (KOSDAQ:A021320) completed the acquisition of land of 1.22 million square meters in Ulju-gun, Ulsan Metropolitan City from TS D&C Co., Ltd. on June 20, 2014.
KCC ENGINEERING & CONSTRUCTION CO., LTD. is a Korea-based company engaged in the construction and engineering business. The Company operates its business through four segments: civil engineering segment, architecture segment, presale construction segment and steel structures segment. Its civil engineering segment constructs expressways, railways, roads, bridges, tunnels, harbors, reclamation works, site renovation works, as well as the water supply and sewerage systems. Its architecture segment engages in the construction of commercial buildings, office buildings, residential buildings, factories, plants and others. Its presale construction segment constructs and markets apartment and residential complexes. Its steel structures segment constructs steel frames for buildings and steel bridges.
KCC Engineering & Construction Co., Ltd. acquired land of 1.22 million square meters in Ulju-gun, Ulsan Metropolitan City from TS D&C Co., Ltd. for approximately KRW 160 billion.
KCC ENGINEERING & CONSTRUCTION CO., LTD. 
