Decision to Acquire Submarine Cable Laying Vessel for KRW 115.4 Billion
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Decision to acquire one submarine cable laying vessel for approx. KRW 115.4 billion (USD 77.75 million).
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Represents 3.30% of total assets (total assets: KRW 3.493 trillion).
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Counterparty: DOF DENMARK A/S.
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Purpose: Strengthen construction capability and value chain competitiveness by securing additional cable laying vessel.
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Expected acquisition date: 2026-08-15 (subject to change).
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Board resolution date: 2026-05-13, all 4 outside directors attended.
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Authorized CEO to handle detailed changes.
KOSPI Filing Information
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Filing: Decision on Acquisition of Tangible Assets
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Company: Taihan Cable & Solution (001440)
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Submission: Taihan Cable & Solution Co., Ltd.
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Receipt: 05-13-2026
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Under KRX KOSPI Market Division