Lifestyle

SamyangFoods "Invests 131.1 Billion Won in Vietnamese Subsidiary"

kim mi-kyung
2026-11-11 16:38:07
[Edaily Reporter kim mi-kyung ] Samyang Foods ( SamyangFoods(003230)) announced on the 11th that it has decided to invest 131.13123 billion won in its new Vietnamese subsidiary, “Samyang Foods Bac Ninh LLC” (tentative name).


According to the disclosure, this decision pertains to an investment in the newly planned “Samyang Foods Bac Ninh LLC” (tentative name), and Samyang Foods will hold a 100% stake following the investment. The scheduled acquisition date is January 31, 2029.

SamyangFoods stated that the purpose of this acquisition is to “enhance the competitiveness of its overseas business through the establishment of a local production subsidiary in Vietnam.”

The scale of this investment corresponds to 10.3% of SamyangFoods’ consolidated equity of 1.27154 trillion won as of the end of 2025. Compared to total assets of 2.19649558 trillion won for the same period, it represents approximately 6.0%.

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