Samsung Electro-Mechanics Unit to Invest KRW2.510 Trillion in Vietnam Plant Expansion
MT Newswires Live
Sep 28
Samsung Electro-Mechanics (KRX:009150) said its unit Samsung Electro-Mechanics Vietnam will invest 2.510 trillion won to acquire tangible assets for factory expansion in Vietnam, according to a Monday filing with the Korea Exchange.
The transaction will help expand an existing package substrate plant site and represents 103.4% of the unit's total assets.
The acquisition is scheduled to be completed on April 30, 2028.
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