Sam Kang Metal Co., Ltd. acquired an additional 01.56% stake in Samkang M&T Co., Ltd from Kim, Jae-Gon for approximately KRW 850 million.
December 23, 2013 at 11:00 pm EST
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Sam Kang Metal Co., Ltd. acquired an additional 01.56% stake in Samkang M&T Co., Ltd (KOSDAQ:A100090) from Kim, Jae-Gon for approximately KRW 850 million on December 19, 2013. Sam Kang Metal acquired 0.2 million shares in the transaction for KRW 4,240 each. Post transaction, Kim, Jae-Gon will own 0.24 million shares.
Sam Kang Metal Co., Ltd. completed the acquisition of an additional 01.56% stake in Samkang M&T Co., Ltd (KOSDAQ:A100090) from Kim, Jae-Gon on December 19, 2013.
SK Oceanplant Co Ltd, formerly Samkang M&T Co Ltd, is a Korea-based company mainly engaged in plant construction. The Company operates through six segments. The Plant segment is engaged in the construction of offshore and onshore plants. The Thick Steel Pipe segment is engaged in the construction of pipes for marine and architectural structures. The Repair and Remodeling segment is engaged in ship repair, remodeling and periodic inspections. The Shipbuilding segment is engaged in the construction of new ships and the production of blocks. The Special Ships segment is engaged in the construction of defense and government ships. The Other segment provides services and goods.
SK OCEANPLANT CO.,LTD 
