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Samchully Co., Ltd. to Jointly Establish New Company
Samchully Co., Ltd. announced that it will jointly establish a new company on January 2, 2012, to foray into power industry. The new entity, to be capitalized at KRW 2 billion, will be mainly engaged in the power generation business. The Company will invest KRW 1 billion, holding a 50% stake in it.
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