Daewoo Automotive Systems Corp announced a private placement of 300,000 shares at KRW 5,000 per share for gross proceeds of KRW 1,500,000,000 on September 21, 2015. The transaction involved participation from existing investor, Daewoo Electronic Components Co.,Ltd. The subscription date and payment date for the transaction is September 21, 2015. The transaction has been approved by the board of directors of the company.

The company reported total assets of KRW 4,730,000,000, total liabilities of KRW 4,146,000,000, total capital of KRW 584,000,000, capital of 500,000,000, sales of KRW 7,436,000,000, and net profit of KRW 394,000,000 for the year ending 2014.