DaeChang Solution Co., Ltd. announced that it has received KRW 15.055956 billion in funding from Korea Daesung Asset Management, Daesung Capital Management
July 08, 2018
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On July 9, 2018, DaeChang Solution Co., Ltd. (KOSDAQ:A096350) closed the transaction. The company announced that it has issued 2nd series unregistered and unsecured convertible bonds for proceeds of KRW 10,000,000,000, in its second and final tranche closing.
DAECHANG SOLUTION CO., LTD., formerly DAECHANG METAL CO., LTD., is a Korea-based company principally engaged in the manufacture and sale of large engine parts. The Company operates its business through five segments. The Energy Converter Device segment manufactures large engine parts, large generator parts and others. The transportation and Industrial Equipment Part and Material segment produces products such as industrial structural materials, bow and stern materials, special steel ingots, among others. The Resource Mining Equipment segment produces products including mining machinery parts, ore processing plant parts, offshore plant parts and others. The Life Safety Rescue segment manufactures products such as special steel for high-risk materials, high-tech building structures, seismic safety structures and others. The Cryogenic Industry segment manufactures products consisting of cryogenic valves, cryogenic tanks, cryogenic pipes, among others.
DaeChang Solution Co., Ltd. announced that it has received KRW 15.055956 billion in funding from Korea Daesung Asset Management, Daesung Capital Management
DAECHANG SOLUTION CO., LTD. 
