Shindaeyang Paper Subsidiary Daeyang Paper to Invest KRW 190.4 Billion in Equipment to Restart Plant

Bitget2026/10/16 02:20

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Shindaeyang Paper subsidiary Daeyang Paper will invest KRW 190.4 billion in machinery to restart its factory.
The investment covers new PM-9 equipment, with Valmet among the suppliers.
The acquisition represents 20.63% of the parent’s total assets.
Daeyang Paper’s board authorized the investment on October 15, 2026. Acquisition is scheduled for March 31, 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shindaeyang Paper Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261016800308), on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Shindaeyang Paper Subsidiary Daeyang Paper to Invest KRW 190.4 Billion in Equipment to Restart Plant

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