SH Corporation agreed to acquire 1,489.5 square meter (Lot 1075 etc.) in Gayang-dong Magok-dong, Gangseo-gu, Seoul from Singsong Industrial Co., Ltd. for KRW 4.8 billion.
September 29, 2016
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Seoul Housing And Communities Corporation agreed to acquire 1,489.5 square meter (Lot 1075 etc.) in Gayang-dong Magok-dong, Gangseo-gu, Seoul from Singsong Industrial Co., Ltd. for KRW 4.8 billion on September 29, 2016. Singsong Industrial Co., Ltd. changed the buyer from Seoul Housing And Communities Corporation to Coweaver Co., Ltd. (KOSDAQ:A056360) on January 5, 2017.
COMUNICATION WEAVER CO.,LTD. is a Korea-based company mainly engaged in the manufacture of communication equipment. The Companyâs products portfolio mainly consists of multi-service provisioning platforms (MSPPs), synchronous transmission modules (STMs), small-capacity Ethernet over power (S-EOP) devices, closed circuit television (CCTV) transmission systems, voice service systems, wavelength division multiplexing (WDM) devices, digital office timing supply (DOTS) systems and others. In addition, the Company provides optical transmission equipment development and installment services, and distributes raw materials. The Companyâs main clients mainly are KT CORPORATION, SK Broadband and others.
SH Corporation agreed to acquire 1,489.5 square meter (Lot 1075 etc.) in Gayang-dong Magok-dong, Gangseo-gu, Seoul from Singsong Industrial Co., Ltd. for KRW 4.8 billion.