Seohee Construction Co. Ltd.'s Equity Buyback in the amount of KRW500 mm has expired
January 14, 2013 at 04:00 am
Share
The Board of Directors of Seohee Construction Co. Ltd. (KOSE:A035890) authorized a share repurchase program on January 14, 2004. Under the program, the company will repurchase up to KRW 500 million worth own shares pursuant to a trust agreement with Hana Bank. The purpose behind the program is to stabilize the stock price. Repurchases will commence on January 14, 2004 and will continue until January 14, 2005. As of January 13, 2004, the company has 1,647,837 shares in treasury under trust agreement. Hana Bank acted as the broker to the company.
On January 13, 2005, the company extended its share repurchase program until January 14, 2006.
On January 12, 2006, the company extended its share repurchase program until January 14, 2007.
On January 12, 2007, the company extended its share repurchase program until January 14, 2008.
On January 11, 2008, the company extended its share repurchase program until January 14, 2009.
On January 13, 2009, the company extended its share repurchase program until January 14, 2010.
On January 14, 2010, the company extended its share repurchase program until January 14, 2011.
On January 14, 2011, the company extended its share repurchase program until January 14, 2012.
On January 16, 2012, the company extended its share repurchase program until January 14, 2013.
Hana Bank, Hana Daetoo Securities Co., Ltd., Daewoo Securities Co., Ltd. and Mirae Asset Securities Co., Ltd. acted as brokers for Seohee Construction Co. Ltd.
Seohee Construction Co. Ltd.'s share repurchase program expired on January 14, 2013.
Seohee Construction Co., Ltd. is a Korea-based company mainly engaged in the construction business. The Company operates its business through three main segments: construction segment, power and environment segment and resting place segment. Its construction segment engages in the construction and civil engineering business, which are engaged in the construction of apartments, public institutes, research institutes, education facilities, medical centers, industrial facilities, roads, bridges, tunnels, plants and others. Its power and environment segment engages in the power generation from landfill waste gas. Its resting place segment engages in the operation of resting places with gas stations. It also engages in the overseas plant construction business and rental business.
SEOHEE CONSTRUCTION CO., LTD. 
