Tranche Update on Samjin LND Co., Ltd.'s Equity Buyback Plan announced on November 29, 2017.
January 15, 2018 at 01:56 am EST
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From November 29, 2017 to January 11, 2018, the company has repurchased 650,000 shares, representing 2.66% for KRW 1,576.35 million. With this, the company has completed the repurchase of 650,000 shares, representing 2.66% for KRW 1,576.35 million under the buyback announced on November 29, 2017.
SAMJIN LND CO., LTD. is a Korea-based company mainly engaged in the manufacture of electronic components. The Company operates its business through four main divisions: component division, which provides mold frames, gaskets and protective plastic (PP) cases for television (TV) back light units (BLUs), secondary batteries, automobile components and others; mold division, which provides designs and manufactures molds for BLUs, electronic components and others; office automation (OA) division, which provides finishers for printers, and laser diode (LD) division, which light-emitting diode (LED) lighting equipment; The Company also provides resins. In addition, it engages in the real estate rental business.