Key Developments: Samsung Engineering Co Ltd (028050.KS)
7 Mar 2014
Latest Key Developments (Source: Significant Developments)
Samsung Engineering Co Ltd:Says Standard Life Investments Limited and one related party's acquisition of 2,096,777 shares of the company, representing a 5.24 pct stake. Full Article
Samsung Engineering Co Ltd:Says signed a contract with Groupement Timimoun to undertake a timimoun field development project.Says contract amount of 851,657,100,362 won. Full Article
Samsung Engineering Co Ltd:Says signed a contract with KELAR S.A. to undertake a thermal power generation project.Says contract amount of $441,500,000 (471,698,600,000 won). Full Article
Samsung Engineering Co Ltd:Says signed contract with SAMSUNG ELECTRONICS CO,.LTD to supply production line construction service.Says contract amount of 469,855,100,000 won. Full Article
Samsung Engineering Co Ltd:Says to transfer a building in Dogok-dong and a 34 pct of a building located in Samseong-dong, both in Gangnam-gu, Seoul, to NongHyup Bank, to adjust financial structure.Says transaction amount of 243 billion won.Says expected transaction settlement date of Dec. 27. Full Article
Samsung Engineering Co Ltd:Says UBS Global Asset Management (Singapore) Ltd's acquisition of 2,018,684 shares of the company, representing a 5.05 pct stake. Full Article
Samsung Engineering Co Ltd:Says contract signed with SAMSUNG BIOLOGICS Co., Ltd. to supply construction service for Edison II Project.Says contract amount of 320,000 million won. Full Article
Samsung Engineering Co Ltd signs contract with Petronas Carigali SDN. BHD., HESS Exploration & Production Malaysia B.V.
Samsung Engineering Co Ltd:Says contract signed with Petronas Carigali SDN. BHD., HESS Exploration & Production Malaysia B.V. to supply service for Terengganu Gas Terminal (TGAST) Project.Says contract amount of 683,050,571,218 won. Full Article
Samsung Engineering Co Ltd announced that it has revised its outlook of revenue for the fiscal year 2013 to KRW 10,200 billion, from KRW 11,600 billion, which was previously announced on April 16, 2013. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of KRW 11,154.89 billion for the fiscal year 2013. Full Article
Arabtec Holding PJSC (Arabtec) and Samsung Engineering Co Ltd announced the launch of their new company (Arabtec-Samsung Engineering) in the Middle East and North Africa's oil and gas, power and related infrastructure sectors. Arabtec-Samsung Engineering will provide engineering, procurement and construction services (EPC) on large-scale multi-billion dollar projects in the oil and gas, power and related infrastructure sectors in the MENA region. Arabtec-Samsung Engineering is incorporated and headquartered in Abu Dhabi and is owned 40% by Arabtec, 40% by Samsung Engineering Co Ltd and the remaining 20% is owned by Tasameem Property Investment. Full Article
SEOUL, Feb 17 - Samsung Engineering Co Ltd said on Monday it had won a 851.7 billion won ($800 million) order to build gas treatment facilities in Algeria from a joint venture between Algeria's state-owned Sonatrach, France's Total SA and Spain's Compania Espanola de Petroleos (CEPSA).