Asia
Dong-Ah Geological Engineering Disclaims Specific Decisions on Potential Sale
Dong-Ah Geological Engineering (KRX:028100) reiterated that specific decisions have not been made regarding a potential sale from its largest shareholder, according to a Wednesday filing with the Korea Exchange.The civil engineering company is aware that the largest shareholder is looking into strategic options with external advisers to boost corporate value and ensure sustainable growth.The re-disclosure is in response to a Seoul Economic Daily report on May 28, 2025, saying that the company's largest shareholder was pursuing a sale.The company will disclose specific details on the matter once they are finalized or within six months.Shares of the company rose nearly 3% in recent trade.
KRX:028100
