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Last 2,450 KRW
Change Today 0.00 / 0.00%
Volume 0.0
001470 On Other Exchanges
Korea SE
As of 2:28 AM 08/17/15 All times are local (Market data is delayed by at least 15 minutes).

sambu construction co ltd (001470) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/24/15 - 11,150
52 Week Low
08/17/15 - 2,325
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for SAMBU CONSTRUCTION CO LTD (001470)

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sambu construction co ltd (001470) Details

SAMBU Construction Co., Ltd. engages in the construction business. The company constructs various civil works, including dams and hydro-power projects, ports and harbors, highways, bridges, subways and railroads, and tunnels. Its architectural works comprise construction of office and commercial buildings, hotels, museums and cultural properties, educational and research facilities, religious facilities, sports and leisure facilities, and renovations. The company is also involved in the redevelopment, reconstruction, and construction of apartments, condominiums, officetels, complex buildings, thermal power plants, industrial plants, environmental plants, and power transmission lines. SAMBU Construction Co., Ltd. was founded in 1948 and is based in Seoul, South Korea.

Founded in 1948

sambu construction co ltd (001470) Top Compensated Officers

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Executives, Board Directors

sambu construction co ltd (001470) Key Developments

Sambu Construction Co., Ltd. Proposes to the Articles of Association

Sambu Construction Co., Ltd. proposed some changes to the articles of association at its AGM to be March 27, 2015.

Sambu Construction Co., Ltd., Annual General Meeting, Mar 27, 2015

Sambu Construction Co., Ltd., Annual General Meeting, Mar 27, 2015., at 10:00 Korea Standard Time. Location: Toegyero 63, Jung-gu, Head Quarters Building. Agenda: To consider and approve financial position, statement of income and losses appropriation statement, and financial statements; to approve some changes to the articles of association; to approve directors appointments; to approve auditor changes; and to approve director remuneration.

Hotels Reportedly Up For Sale; Few In Talks

A number of hotels are being sold. Conrad Seoul is being sold by American International Group, Inc. (NYSE:AIG) (AIG); Able Hyundai Hotel & Resort Co., Ltd. (Banyan Tree Club & Spa Seoul) by Hyundai Group; Renaissance Seoul Hotel by Sambu Construction Co., Ltd. (KOSE:A001470); Millennium Seoul Hilton Hotel by City Development Limited Hotel Korea (CDL Korea); Grand Intercontinental Seoul Parnas and Intercontinental Seoul COEX by GS Engineering & Construction Corporation (KOSE:A006360) (GS E&C); Sheraton Incheon Hotel by Daewoo Engineering & Construction Co., Ltd. (KOSE:A047040); Best Western Premier Incheon Airport Hotel by Novotel Ambassador Daegu and a Singapore-based fund. CDL Korea is searching for potential buyers for the Millennium Seoul Hilton, which posted KRW 11.3 billion won in operating profits in 2013. Sambu has been talking with IGIS Asset Management Co., Ltd since 2013, to sell the Renaissance Seoul Hotel, while Hyundai Group and GS E&C also put up their respective hotels for auction amid liquidity shortages. According to the report, AIG talked with CXC Investment & Credit Capital Corporation (KOSDAQ:A021880) (Korea Investment & Credit Capital Corp.) to sell the Conrad Seoul for KRW 440 billion since the latter half of 2013, but the deal was cancelled in February 2014 after CXC failed to secure enough funds. Sambu and Igis' talks have been halted. For the Sheraton Incheon, potential bidders offered a lower price than Daewoo wanted, and no bidding talks are ongoing for now.


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