News The 35th term meeting for stockholders 4454 - Samyang Genex recorded total sales of 211 billion won and a net income of 12.5 billion won. - Samyang Genex distributed 16% of regular shares in cash and 17% of preferred shares in cash. Samyang Genex held the 35th term meeting for stockholders (July 1998 ~ June 1999) at the headquarters on Aug. 26. A briefing was given on business performance for the past fiscal year, including the balance sheet of total sales for the term at 211 billion won and the net income at 12.5 billion won, and P&L statement approval. In addition, it was decided that 16% of regular shares and 17% of preferred shares in cash would be distributed to stockholders. Total sales and the net income for the 36th term were set as 217 billion won and 11.4 billion won respectively. In the director¡¯s meeting following the regular stockholders¡¯ meeting, Yoen-Sung Park, an vice president was promoted to the vice president & CTO and Sang-Ik Kim and Yong-Kyu Kim, senior manager, were promoted to vice presidents.

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