DL E&C: Important business issues related to investment decisions

Important business issues related to investment decisions

1. Title Receipt of Letter of Intent for “Yeosu ABS Plant Reconstruction Project”
2. Details – The company has received the Letter of Intent (Letter of Intent) for the “Yeosu ABS Plant Reconstruction Project”.

– Organization of orders: LG Chem

※ Last year sales ratio (KRW 7,631,650,898,582): 5.77%

– Construction time: 24 months

– Presentation of the activity: This is a project to build an ABS (Acrylonitrile Butadiene Styrene) plant with a capacity of 220,000 tons/year in the Hwachi Complex in Yeosu.

3. Board resolution date (decision date) or confirmation date 2022-08-10
– Presence of external directors Present (No.)
Absent(No.)
– Presence of the statutory auditors (members of the Audit Committee who are not outside directors)
4. Other things to consider in investment decisions
– The “Revenues for the last financial year” in “2. Details” above are based on the consolidated financial statements at the end of 2021.

– The “3. Confirmation date” above is the date of receipt of the letter of intent.

– A re-disclosure will be made when details are confirmed upon execution of this contract.

※ Related Disclosure

Disclaimer

DL E&C Co. Ltd. published this content on August 11, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on August 11, 2022 08:10:02 UTC.

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