KSP Co., Ltd announced that it expects to receive KRW 14.5 billion in funding from Kumkang Kind Co., Ltd. and other investors

KUMKANG KIND CO., LTD. is a Korea-based company mainly engaged in the manufacture and distribution of steel pipe products. The Company’s products consist of steel pipes, including carbon steel pipes, square and rectangular tubes, rigid steel conduits, color coated square pipes, fence tubes and structure tubes, which are used for civil engineering, water and sewage systems, scaffolding, steel towers, automobiles and other industries; formworks, including aluminum formworks, gang formworks and special formworks, which are used in architecture and civil engineering areas; scaffolds, including clamps, scaffolding pipes, working boards and shipyard scaffolds, as well as modular building systems. It also provides by-products and raw materials. On January 1, 2013, the Company completed the merger with its wholly owned subsidiary, KUMKANG FOSTEM CO.LTD, which is mainly engaged in the construction facilities.