January 20, 2017 1:52 PM ET


Company Overview of Kukje Machinery Co., Ltd.

Company Overview

Kukje Machinery Co., Ltd. manufactures agriculture machinery. It manufactures tractors, rice transplanters, combine harvesters, and engines. The company also offers parts. Kukje Machinery Co., Ltd. was formerly known as Korea Agricultural Machinery Co., Ltd. and changed its name to Kukje Machinery Co., Ltd. in March 1978. The company was founded in 1968 and is headquartered in Okcheon, South Korea. As of September 20, 2016, Kukje Machinery Co., Ltd. operates as a subsidiary of Tong Yang Moolsan Co., Ltd.

49, Seobu-Ro


Okcheon,  373-802

South Korea

Founded in 1968

Key Executives for Kukje Machinery Co., Ltd.

Compensation as of Fiscal Year 2016.

Kukje Machinery Co., Ltd. Key Developments

Tong Yang Moolsan Submits Bid to Buy Kukje Machinery.

Tong Yang Moolsan Co., Ltd. (KOSE:A002900) has reportedly submitted its bid to acquire Kukje Machinery Co., Ltd. from Dongkuk Steel Mill Co. Ltd. (KOSE:A001230). According to multiple sources from the investment banking industry on Thursday, Tong Yang Moolsan took part in the final bid to buy Kukje Machinery in an auction led by EY Han Young, the Korean member firm of Ernst & Young, that invited bidders in December. Outcome remains uncertain due to differences in the price offer. A decision on preferred bidder will be made sometime next week.

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