Jeungpyeong Site 2 Industrial Environment Equipment Manufacturing Plant
2. Details of investment
Investment amount (KRW)
20,662,295,000
Equity capital (KRW)
100,826,970,500
Ratio to equity capital (%)
20.5
Classified as a large-sized corporation?
No
3. Purpose of investment
Business diversification and sales expansion via investment in production lines for industrial environment facilities, including OAC
4. Investment period
Start date
2022-01-19
End date
2022-12-31
5. Date of board resolution (decision date)
2022-01-19
- Attendance of outside directors
Present (No.)
2
Absent (No.)
-
- Attendance of auditors (members of Audit Committee who are not outside directors)
Present
6. Withholding of disclosure
Reasons for withholding disclosure
-
Withholding period
-
7. Other matters to be factored into investment decisions
- The equity capital above is based on the consolidated financial statement of the 2020 business year.
- The amount to be invested and the investment period above are subject to change according to circumstances.
※ Related disclosure
-
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Disclaimer
Shinsung E&G Co. Ltd. published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 07:43:01 UTC.
Shinsung E&G Co Ltd is a Korea-based company primarily engaged in clean environment business. The Company operates through three segments. The Clean Environment (CE) Business segment manufactures and installs clean rooms, air conditioning systems and dry rooms. The Renewable Energy (RE) Business segment provides solar energy-related modules, solar cells, equipment and systems. The Other Business segment provides leasing and other services.