[eGongsi Notice] Wemade Secures Strategic Investment of 66 Billion KRW and More (Morning Summary)

[Asia Economy Reporter Lee Seon-ae] Wemade announced on the 2nd that it issued convertible bonds (CB) worth 66 billion KRW. The investment included Shinhan Asset Management with 30 billion KRW, Kiwoom Securities with 15 billion KRW, and Microsoft with 21 billion KRW. Below are the major disclosures released that morning.

▲KakaoBank=Q3 operating profit of 104.64 billion KRW, a 46.95% increase compared to the same period last year

▲Hyundai Corporation=Q3 operating profit of 22.928 billion KRW, a 112.93% increase compared to the same period last year

▲FRTech=Signed a unit price contract for relay monitoring devices worth 3.60934 billion KRW with KT, accounting for 15.6% of last year's sales

▲Dongsung FineTec=Signed a supply contract for ultra-low temperature insulation materials for LNG carriers worth 197.97024 billion KRW with Hyundai Heavy Industries, accounting for 54.2% of last year's sales

▲Korea Carbon=Signed a supply contract for ultra-low temperature insulation materials for LNG cargo tanks worth 136.34103 billion KRW with Hyundai Heavy Industries, accounting for 37.07% of last year's sales

▲Daesung Holdings=Disposed of 100,000 shares of Seoul City Gas, with a disposal amount of 30.09503 billion KRW, which corresponds to 5.04% of equity capital

▲CS Wind=Signed a wind tower supply contract with Vestas American Wind Technology, with a contract amount of 68.63612 billion KRW, corresponding to 5.7% of 2021 sales

▲Daewoo E&C=Won the Cheongju Sajik 1 District housing redevelopment project, with a contract amount of 277.02277 billion KRW, corresponding to 3.19% of 2021 sales

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