[eDisclosure Notice] LIG Nex1, 11.3 Billion KRW Contract and More (Morning Summary)

[Asia Economy Reporter Lee Seon-ae] LIG Nex1 announced on the 16th that it has signed a comprehensive system sales and supply contract worth 11.3 billion KRW with the Agency for Defense Development for the development of a long-range artillery interception system. The contract amount corresponds to approximately 0.62% of recent sales. The contract period is until July 26, 2024. Below are the major disclosures released this morning.

▲ J-STEC = Change to CEO Jeong Jae-song following the resignation of co-CEOs Choi Ki-yeol and Kim Du-yeol

▲ Plasmapp = Signed a supply and sales contract worth 21.6 billion KRW with Australian company TDF Medical Pty Ltd for STERLINK FPS, STERLINK mini, and related consumables. This amount corresponds to 340.26% of recent sales.

▲ Canaria Bio = Decided to issue the 4th series of 30 billion KRW unnamed, interest-bearing, unsecured private convertible bonds to raise operating funds and repay debts. Upon conversion, 1,966,439 common shares will be issued at a conversion price of 15,256 KRW, representing 4.28% of total shares outstanding.

▲ Lunit = Signed a contract worth 1.6 billion KRW for the breast cancer screening program tender in New South Wales, Australia. This corresponds to 24.17% of last year’s sales.

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