Samsung Heavy Industries Invests 590 Billion KRW in PEF
[Asia Economy Reporter Moon Hyewon] Samsung Heavy Industries announced on the 21st that it will invest 590 billion KRW in Curious Crete Corporate Financial Stability Institution-Only Private Equity Fund (hereinafter PEF) for the sale of drillships.
After the investment, Samsung Heavy Industries' stake in the PEF will be 78.7%.
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Samsung Heavy Industries stated that the purpose of this measure is "an investment in an 'institution-only private collective investment vehicle' for the sale of 4,000 drillships."
This content was produced with the assistance of AI translation services.
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