Tranche Update on Syswork Co., Ltd's Equity Buyback Plan announced on March 18, 2020.
September 17, 2020 at 05:48 am
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From July 1, 2020 to September 17, 2020, the company has repurchased 128,554 shares, representing 0.73% for KRW 294.52 million. With this, the company has completed the repurchase of 479,258 shares, representing 2.68% for KRW 843.03 million under the buyback announced on March 18, 2020.
SYSWORK CO., LTD is a Korea-based company mainly engaged in the production and sale of cleanroom control systems. The cleanroom control systems are the monitoring and control systems of fan filter units (FFUs) and equipment fan filter units (EFUs) used in cleanroom. The main cleanroom control systems include integrated environment monitoring and control systems such as FFU operation, control, and monitoring. The integrated environment monitoring and control systems are to maintain cleanroom environment which is an essential element in the production process of displays and semiconductor lines. The Company also manufactures and sells brushless direct current (BLDC) motors. The BLDC motors are the semi-permanently available motors. The main BLDC motors are outer rotor motors. In addition, the Company also involved of manufacturing and sale of air conditioning controllers.