This announcement is a follow-up to the one released on the date of left cell.
1. Contents of rumors or media reports
UAE Ministry of Defence "Plan to purchase M-SAM, South Korean Anti-air defense missile system...worth over 4 billion KRW"
2. Channel of rumors or media reports
Yonhap news and others
3. Distributed date of rumors or media reports
2021-11-18
4. Company's explanation for rumors or media reports
Our Company have finished the process of negotiation and currently waiting for the follow-up measures to be taken by the Buying Party.
Upon the Contract are finalized or within 1 month, we will re-disclose on the status. However, due to the security concerns details may not be disclosed.
Cheif Financial Officer Gil-jun Hong
5. Re-disclosure date
2022-01-17
※ Related disclosure
2021-11-18 풍문 또는 보도에 대한 해명(미확정)
Attachments
Original Link
Original Document
Permalink
Disclaimer
LIG Nex1 Co. Ltd. published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 07:09:06 UTC.
LIG Nex1 Co Ltd is a Korea-based company mainly engaged in the research, development and production of weapon systems. The Company provides weapons systems mainly used in defense industry fields including precision guided munitions (PGMs), intelligence, surveillance and reconnaissance (ISR), avionics and electronic warfare (AEW), command, control, communications, computers, and information (C4I). PGMs products are composed of antiair, antiship and antisubmarine, earth, air to ground and underwater weapons. ISR products include search radars, tracking radars, image radars, electro-optical equipment, and underwater surveillance systems. AEW products include electronic warfare systems such as avionics, ship and aircraft electronic warfare and army electronic warfare. C4I products include communication terminals, radios and combat systems.
LIG NEX1 CO., LTD. 
