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AL CIRCLE

Korea’s top aluminium foil and packaging company to raise KRW115.3 billion through stock sale

EDITED BY : 1MINS READ

On December 22, 2022, the leading aluminium foil and packaging company of South Korea, Sama Aluminium's plan to raise a total of 115.3 billion won via the issuance of 3.7 million common shares, was revealed.

Korea’s top aluminium foil and packaging company to raise KRW115.3 billion

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According to our information, the shares will be issued at a price of KRW31,050 per share. The proceeds from the stock offering will primarily be used to fund the firm's facilities.

Founded in 1969, Sama Aluminium, the dominant partner in the aluminium foil and packaging materials industry of South Korea, is committed to becoming the world’s leading company with sustainability as its core value.

Future of the Global Aluminium castings Industry

Sama Aluminium has been continuously investing in premier technology and R&D. The company is steadily pacing towards becoming a global player through the application of state-of-the-art IT infrastructure, including smart manufacturing systems, ERP, and integrated information systems.

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