▲Hyundai Heavy Industries Holdings= Subsidiary Hyundai Genuine acquired 31,965,995 shares of Hyundai Doosan Infracore for approximately 191.1 billion KRW. This represents 5.74% of equity capital, securing additional shares through a rights offering. After acquisition, Hyundai Genuine's stake in Hyundai Doosan Infracore will be 29.5%. The scheduled acquisition date is the 16th of this month.
▲NHN= Decided to acquire 150,000 treasury shares on the market. The scale is 12.9 billion KRW. The acquisition aims to stabilize the stock price and enhance shareholder value.
▲SKC= Subsidiary EcoVance (tentative name) decided on a 79 billion KRW rights offering. SKC, the largest shareholder, will receive PBAT/PBS production technology and related intellectual property rights it holds, and in return, all new shares (7,900 shares) will be allocated and delivered to SKC as an in-kind contribution. The purpose of the fund raising is to build EcoVance's (tentative name) PBAT plant. The subscription and payment dates are February 28, 2022.
▲LG Chem= Disposed of 8.5 million shares of LG Energy Solution for 2.1845 trillion KRW. After disposal, LG Energy Solution's stake will be 81.84%. The purpose of the disposal is to secure funds for investment in new growth engines.
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