Corporate Disclosures for July 3

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By Kim Byung-joon
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▲Foosung (093370) — JPMorgan acquired 5,221,790 shares (4.87%), triggering a new reporting obligation as a simple investment.

▲KT&G — U.S.-based Capital Group purchased an additional 1.04 million shares, raising its stake to 8.2%.

▲Keryong Construction (013580) — Selected as the qualified bidder for the detailed design of the BEXCO Third Exhibition Hall construction project, with an estimated construction cost of about 83.8 billion won.

▲Hanwha Aerospace (012450) — Plans to invest 23 trillion won in space launch vehicles, 2 trillion won in defense artificial intelligence (AI), and 3 trillion won in a defense AI data center, aimed at securing business capabilities for entry into future industries and strengthening global competitiveness.

▲Hanwha Systems (272210) — Plans to invest 20 trillion won in space satellites and 3 trillion won in a defense artificial intelligence (AI) data center.

▲S&S Tech (101490) — Will contribute 62.1 billion won to Suzhou S&S Co., Ltd. (a new establishment), to set up a blank mask production entity for FPD in China and build a local production and operation base.

▲Yusung TNS (024800) — Will cancel 1.82 million treasury shares worth 7.8 billion won that had been previously acquired.

Companies in this story

Original reporting by Kim Byung-joon for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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