SC Engineering Completes Payment for Majority Share Transfer... "Pursuing New Business in Hydrogen Refueling Station Construction and Operation"

[Asia Economy Reporter Yoo Hyun-seok] Comprehensive engineering specialist company SC Engineering announced on the 18th that the transferee has completed the payment of an interim payment worth 28 billion KRW according to the stock transfer contract with the largest shareholder and related parties.

An SC Engineering official stated, "On the 7th of last month, a contract was signed to transfer 12,490,760 shares held by the largest shareholder and related parties to Woo & Company and 9 others," adding, "Along with this interim payment, preparations for the extraordinary general meeting of shareholders to appoint a new board of directors are progressing smoothly."

SC Engineering plans to hold an extraordinary general meeting of shareholders on the 5th of next month to resolve ▲ amendments to the articles of incorporation ▲ appointment of directors ▲ appointment of auditors. Through changes in the articles of incorporation, the company intends to add hydrogen storage and hydrogen charging station construction and operation business, renewable energy business, and solar power generation business.

An SC Engineering official emphasized, "While the management rights transfer process is proceeding smoothly, ongoing projects are also progressing without issues," and added, "We will actively expand new growth engines centered on eco-friendly energy businesses such as hydrogen and LNG, strengthen the comprehensive engineering business focused on chemical engineering, and accelerate continuous profit generation through various new business initiatives."

This content was produced with the assistance of AI translation services.