KSP Co. Ltd. announces an Equity Buyback in the amount of KRW1000 mm

KSP Co., Ltd is a Korea-based company mainly engaged in the manufacturing of ship engine valves and die forging products. The Company operates its business through three segments: engine part segment, die forging segment and hard facing and welding segment. The engine part segment provides marine engine valves including middle-sized and large-sized valves used for ship generators and propellers. The die forging segment provides flanges, ring gears, con rods, spin tube hoods, sprockets, cylinders, piston crowns and others used for industrial equipment, construction equipment, ship parts and others. The hard facing and friction welding segment provides metal processing services using plasma transferred arc equipment and friction welding equipment. The Company also provides steel iron scraps.