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Project details
Korean warehouse equipment manufacture seeks project financing
| Project region | Korea |
|---|---|
| Industry | Industrial Goods & Machinery |
| Total value of the target | N/A |
| Expected target net rate of return after deducting all taxes and fees | N/A |
| Validity period of pending order | 365 |
CONTACT ADVISOR
Simon Laube
Assistant Manager, International Business Advisory
| Project highlights | AI forklift truck and pallet truck – project financing above USD 1 M |
|---|---|
| Project description |
The company was founded in 1973 and its main business is to manufacture special equipment such as forklift truck and pallet truck. Among its 8,000 customers are leading enterprises in various industries such as Hyundai, Samsung, Lotte, LG, Coca Cola, etc. Since 2018, the company restructured its main business around AI powered forklift truck and warehouse vehicles, for which it seeks to sell convertible bonds or stocks of 1.5 ~ 1.7b KRW (about USD 1.25 to 1.42 million) |
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