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WS Development Co Ltd
63-1, Banpo-Dong, Seocho-Gu
Phone: +82 25325000p:+82 25325000 SEOUL, 06578  South Korea Ticker: 016140016140
Business Summary
WS Development Co., Ltd. is a Korea-based company engaged in the operation of tourist hotels. The Company operates and manages Seoul Palace Hotel located in Gangnam, Seoul, which has standard rooms, deluxe rooms, suite rooms, restaurants, wedding rooms, banquet rooms, bars, saunas, ballrooms and fitness clubs, among others. The Company’s clients include overseas tourists and businessmen, as well as domestic customers. The Company also provides online reservation services and membership services.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20126/30/2012Yes----

Industries
SIC Code Description
7011 Hotels and motels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Director Seok WuShin 46 4/6/2009 4/3/2009
Vice President Jong BaeLee 64
Internal Auditor Bong HyuShin 65
Director Jeong YunGwon 72 4/6/2009 4/6/2009
Non-Executive Independent Director Seok HyeonHwang 46 9/28/2010 9/28/2010

Business Names
Business Name
016140
Seojoo Tourist
Seoul Palace Hotel
WESTATE DEVELOPMENT CO.,LTD.

General Information
Number of Employees: 328 (As of 6/30/2012)
Outstanding Shares: 5,000,000 (As of 6/30/2012)
Shareholders: 338
Stock Exchange: KDQ
Fax Number: +82 25920005


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Tuesday, August 29, 2023