[Asia Economy Reporter Hwang Junho] Daeyu Plus announced on the 19th that it will transfer the sales of Daeyu Alloy LPI Business Division to Hyundai Kia Motors. The transfer price is 963 million KRW. The scheduled transfer date is October 31. The purpose of the transfer is to acquire the LPG vehicle fuel tank business from Hyundai Kia Motors to develop and expand the business of hydrogen vehicle fuel tank installation frames and liquid hydrogen fuel tanks.
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