HLB Power Transfers 12 Billion KRW Worth of Subsidiary Shares to Corky and Others

[Asia Economy Reporter Ji Yeon-jin] HL B Power announced on the 16th that it sold 3.99 million shares of its subsidiary HL B Networks to Corky Corporation and one other person for 12 billion KRW.

HL B Power stated that through this transfer, it secured resources for business structure improvement and entry into new businesses.