Tranche Update on DAEWON Chemical Co., Ltd.'s Equity Buyback Plan announced on April 13, 2020.
July 16, 2020 at 09:37 am IST
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From April 13, 2020 to June 30, 2020, the company has repurchased 30,543 shares, representing 0.07% for KRW 35.82 million. With this, the company has completed the repurchase of 30,543 shares, representing 0.07% for KRW 35.82 million under the buyback announced on April 13, 2020.
DAEWON CHEMICAL CO., LTD. is a Korea-based company mainly engaged in the manufacture of synthetic leathers. The Company operates in three segments: wallpaper, synthetic leather and refinery. Its wallpaper segment is engaged in the manufacture of fire retardant wallpapers, silk wallpapers, charcoal wallpapers, wiping wallpapers and others used as interior finishing materials under the brand name D&D, 4U and others. Its synthetic leather segment is engaged in the manufacture of synthetic leathers and artificial leathers used for shoes, balls, gloves and garments, and processing of fabrics under the brand name Art-Lite, Ace-Buck, High-Lock, Encarta and others. Its refinery segment refines waste di-methyl formamide (DMF) in the process of synthetic leather manufacture.