Development Advance Solution Co., Ltd. announced that it has received KRW 20 billion in funding from NH Investment & Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Shinhan Investment Corp., Investment Arm, Korea Investment & Securities Co., Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm
September 02, 2020
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On September 3, 2020, Development Advance Solution Co., Ltd. (KOSE:A058730) closed the transaction.
Development Advance Solution Co.,Ltd. is a Korea-based company mainly engaged in the production and sale of road safety facilities. Along with subsidiaries, the Company operates its business through three segments. The Social Overhead Capital (SOC) segment is involved in the manufacturing and sale of road safety facilities. The road safety facilities include general guard rails, high specification guard rails, rigid differential guard rails, steel barriers, open protective fences and sound barrier walls, among others. The Building Material Business segment manufactures and sells deck plates and building materials. The New Renewable Energy Business segment operates the solar power generation facilities.
Development Advance Solution Co., Ltd. announced that it has received KRW 20 billion in funding from NH Investment & Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Shinhan Investment Corp., Investment Arm, Korea Investment & Securities Co., Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm