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Doosan Infracore Co Ltd (042670.KS)

042670.KS on Korea Stock Exchange

9,010.00KRW
26 May 2017
Change (% chg)

₩-90.00 (-0.99%)
Prev Close
₩9,100.00
Open
₩9,110.00
Day's High
₩9,180.00
Day's Low
₩9,000.00
Volume
2,142,772
Avg. Vol
2,306,858
52-wk High
₩10,250.00
52-wk Low
₩5,820.00

Latest Key Developments (Source: Significant Developments)

Nicolas Correa and Doosan terminate strategic alliance
Tuesday, 20 Dec 2016 01:29am EST 

Nicolas Correa : Said on Monday that Nicolas Correa and South Korea's Doosan Infracore Co. Ltd. (including its units) had agreed to terminate collaboration and distribution agreements signed on June 8, 2015 .The decision is based on the current circumstances of the industrial machinery market, which have not allowed the development of the alliance as initially envisaged.  Full Article

Doosan Bobcat to list shares on KOSDAQ market
Thursday, 17 Nov 2016 01:53am EST 

Doosan Bobcat Inc <241560.KS> : Says it will issue 30.0 million shares through initial public offering, with offering price of 30,000 won per share, for proceeds of 900.85 billion won . Says it will list under symbol of "241560" on Korea Securities Dealers Automated Quotations Stock Market .Expected listing date is Nov. 18.  Full Article

Doosan Infracore to sell machine tool business
Wednesday, 2 Mar 2016 03:48am EST 

Doosan Infracore Co., Ltd:To sell machine tool to a holding company, for 1,130,818,915,414 won.  Full Article

Doosan Infracore issues 2016 revenue outlook below analysts' estimates
Thursday, 4 Feb 2016 01:29am EST 

Doosan Infracore Co., Ltd:Sees revenue of 6,106.4 bln won and operating profit of 546 bln won for 2016.2016 revenue of 7,761.69 bln won - Thomson Reuters I/B/E/S.  Full Article

Doosan Infracore announces change of co-CEO
Friday, 20 Nov 2015 02:41am EST 

Doosan Infracore Co., Ltd:Appoints Choi Hyeong Hui as co-chief executive officer of the company, to replace Lee Oh Gyu, effective Nov. 20.Son Dong Yeon still serves as co-CEO in the company as well.  Full Article

Doosan Infracore to divest machine tool business into new wholly owned subsidiary
Thursday, 8 Oct 2015 02:56am EDT 

Doosan Infracore Co., Ltd:To divest machine tool business into a new wholly owned subsidiary, namely Doosan Machine Tools Co., Ltd.Division effective date of Dec. 22 and registration date of Dec. 23.  Full Article

Doosan Infracore to acquire stake in Doosan Infracore Bobcat Holdings
Friday, 28 Aug 2015 12:49am EDT 

Doosan Infracore Co., Ltd:To acquire 547 shares of Doosan Infracore Bobcat Holdings Co., Ltd., which is engaged in the manufacturing and sale of heavy equipment business.Transaction amount of 154,746,300,000 won.To hold 75.5 pct (7,613 shares) in the target company, after the transaction.Expected transaction settlement date of Sep. 30.  Full Article

Doosan Infracore to sell stake in wholly owned subsidiary
Tuesday, 11 Aug 2015 11:27pm EDT 

Doosan Infracore Co., Ltd:To sell 1,840 shares of its wholly owned subsidiary, Doosan Infracore Bobcat Holdings Co., Ltd.Transaction price of 520,536 mln won.Expected transaction settlement date of Sep. 14.To hold 80.90 pct (8,160 shares) in the subsidiary, after the transaction.  Full Article

Nicolas Correa reaches cooperation deal with Doosan Infracore
Monday, 8 Jun 2015 08:03am EDT 

Nicolas Correa SA:Reaches cooperation agreement with Doosan Infracore Co Ltd.Says cooperation agreement with the unit of South Korea's Doosan group is for joint development and marketing of diverse types of machine tools.Says, in the context of the strategic alliance, shareholders of Mepro Outremer SL and Moonlecht SL to sell 10 percent of the company to Doosan Infracore Germany GmbH for 1.8 euros per share.Says Mepro Outremer transfers about 8 percent of the company maintaining the remaining 15.92 percent stake in Nicolas Correa.Says Moonlecht transfers about 2 percent of the company maintaining the remaining 3 percent stake in Nicolas Correa.  Full Article

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