Inactive Instrument

Korea Development Corporation

A004200

KR7004200002

Daelim Industrial Co. Ltd. acquired an additional 3.1% stake in Yeongcheon Sangju Expressway Co., Ltd from Korea Development Corporation for approximately KRW 120 million.

March 13, 2012 at 09:30 am IST

Daelim Industrial Co. Ltd. (KOSE:A000210) acquired an additional 3.1% stake in Yeongcheon Sangju Expressway Co., Ltd from Korea Development Corporation for approximately KRW 120 million on March 9, 2012. Daelim Industrial Co., Ltd acquired 0.02 million shares at the price of KRW 5000 per share. After the transaction, Daelim Industrial Co. Ltd holds 30.3% stake in Yeongcheon Sangju Expressway Co., Ltd. Daelim Industrial Co. Ltd. (KOSE:A000210) completed the acquisition of an additional 3.1% stake in Yeongcheon Sangju Expressway Co., Ltd from Korea Development Corporation on March 9, 2012.

Latest news about Korea Development Corporation

Samho International Co., Ltd. completed the acquisition of Korea Development Corporation from Daelim Industrial Co., Ltd., Chemtech Corporation, Daelim Academy and others.	02/20/02	CI
Samho International Co., Ltd. agreed to acquire Korea Development Corporation from Daelim Industrial Co., Ltd., Chemtech Corporation, Daelim Academy and others.	27/20/27	CI
Hyundai Development Company Engineering & Construction and Macquarie Korea Asset Management Co., Ltd. through its fund Macquarie Korea Infrastructure Fund cancelled the acquisition of 4% stake in Seoul-Chuncheon Highway Co., Ltd. from Korea Development Corporation.	10/18/10	CI
Korea Development Seeks To Sell Seoul Chuncheon Expressway	10/17/10	CI
Korea Development Corporation announced that it expects to receive KRW 50 billion in funding	10/17/10	CI
Hyundai Development Company Engineering & Construction and Macquarie Korea Asset Management Co., Ltd. through its fund Macquarie Korea Infrastructure Fund agreed to acquire 4% stake in Seoul-Chuncheon Highway Co., Ltd. from Korea Development Corporation for KRW 15 billion.	10/17/10	CI
South-Seoul LRT Co., Ltd. announced that it has received KRW 19.38 billion in funding from a group of investors	31/16/31	CI
South-Seoul LRT Co., Ltd. announced that it expects to receive KRW 19.38 billion in funding	02/16/02	CI
South-Seoul LRT Co., Ltd. announced that it expects to receive KRW 5.5 billion in funding from Daelim Industrial Co., Ltd., Korea Development Corporation Co., Ltd., Samho International Co. Ltd., and other investors.	21/16/21	CI
KDC Names Kurt Petersen and Phil Sharp as Executive Vice Presidents for Design and Construction	21/15/21	CI
KDC Promotes Michael Alost to Senior Vice President	01/15/01	CI
Siheung Ecopia Co., Ltd. announced that it has received KRW 664.70 million in funding from a group of investors.	28/14/28	CI
Siheung Ecopia Co., Ltd. announced that it expects to receive KRW 664.70 million in funding.	18/14/18	CI
An unknown buyer completed the acquisition of the acquisition of 5.7% stake in GK Fixed Link Corp from Korea Development Corporation (KOSE: A004200) for KRW 35.4 billion.	11/13/11	CI
UI Trans Corporation announced that it has received KRW 4.09 billion in funding from Korea Development Corporation Co., Ltd. and other investors.	05/12/05	CI
UI Trans Corporation announced that it expects to receive KRW 4.09 billion in funding from Korea Development Corporation Co., Ltd. and other investors.	26/12/26	CI
UI Trans Corporation announced that it has received KRW 20.77 billion in funding from Korea Development Corporation Co., Ltd., POSCO Engineering & Construction Co., Ltd., Posco ICT Company Ltd., and other investors.	06/12/06	CI
UI Trans Corporation announced that it expects to receive KRW 20.77 billion in funding from Korea Development Corporation Co., Ltd. and other investors.	21/12/21	CI
UI TRANS CORPORATION announced that it has received KRW 1.95 billion in funding from Korea Development Corporation Co., Ltd., Wonha Engineering & Construction Co.,Ltd. and other investors.	30/12/30	CI
Taeyoung Industry Corporation acquired an additional 7.67% stake in Taeyoung Grain Terminal Co., Ltd. from Korea Development Corporation Co., Ltd., Namkwang Engineering & Construction Co., Ltd. and Daelim Industrial Co. Ltd. for KRW 4.9 billion.	30/12/30	CI
UI TRANS CORPORATION announced that it expects to receive KRW 1.95 billion in funding from Korea Development Corporation Co., Ltd., Wonha Engineering & Construction Co.,Ltd. and other investors.	29/12/29	CI
Daelim Industrial Co. Ltd. acquired an additional 3.1% stake in Yeongcheon Sangju Expressway Co., Ltd from Korea Development Corporation for approximately KRW 120 million.	13/12/13	CI
Yeongcheon Sangju Expressway Co., Ltd. cancelled the transaction announced on January 31, 2012.	27/12/27	CI
Yeongcheon Sangju Expressway Co., Ltd. announced that it expects to receive KRW 27.7 billion in funding from Daelim Industrial Co. Ltd., Korea Development Corporation Co., Ltd., Samho International Co. Ltd., and other investors.	31/12/31	CI

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Company Profile

Korea Development Corporation is a Korea-based company engaged in the construction business. The Company operates its business through three divisions: civil works division, architecture division and housing division. Its civil works division constructs roads, railways, subways, bridges and others, as well as industrial buildings and plants. Its architecture division constructs office buildings, education centers, institutes, churches, factories, apartments and others. Its housing division constructs apartments and residential complex buildings, as well as sale and rental of housing. On November 11, 2013, it sold its entire shares of GK Fixed Link Corp, which is mainly engaged in the construction and management of access road.

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