Samil Ecostec Co.,Ltd. signed a contract to acquire 50.8% stake in Daelim C&S Co. Ltd. (KOSE:A004440) from Daelim Industrial Co., Ltd. (KOSE:A000210) on July 9, 2020.

Samil Ecostec Co.,Ltd. completed the acquisition of 50.8% stake in Daelim C&S Co. Ltd. (KOSE:A004440) from Daelim Industrial Co., Ltd. (KOSE:A000210) for KRW 71.2 billion on August 31, 2020. Samil Ecostec Co.,Ltd. acquired 6.5 million shares for KRW 11010 per share. Post transaction, Daelim Industrial Co., Ltd. holds no share.