Shinsung ENG Decides on 20.7 Billion KRW Investment in Production Plant

[Asia Economy Reporter Lee Seon-ae] Sinsung ENG announced on the 19th that it has decided to invest 20.6623 billion KRW in the production factory for industrial environmental equipment at the Jeungpyeong 2nd site.

This amount corresponds to 20.5% of the company's equity capital, and the investment period is until December 31.

The company stated, "This is for business diversification and sales expansion through investment in production lines for industrial environmental equipment such as OAC."