67th General Shareholders’ Meeting Held

DATE 2014.03.21

VIEW 3985

67th General Shareholders’ Meeting Held

The 67th general shareholders’ meeting was held at the underground auditorium of the Daelim head office building in Susong-dong, Seoul on March 21, 2014 and attended by Daelim’s internal and external directors and individual shareholders.

At the meeting, the approval of financial statements and consolidated financial statements, new directors’ appointment, and approval of director’s remuneration limit were presented as agenda items and deliberated on and resolved. Daelim Vice Chairman Lee Hae-wook was re-appointed registered director, with Civil Works Business Division Director Kim Dong-su, Plant Business Division Director Lee Chul-gyun, and Petrochemical Business Division President newly named internal directors. 

Daelim targets KRW 9.5 trillion worth of orders, KRW 10.1329 trillion sales, and KRW 360 billion operating profit in 2014. It plans to fortify cash flow management in response to the US’s quantitative easing and reduction, interest rate hike, and exchange fluctuation as well as enhance stability in clinching orders and cost innovation.