KTR Alpha, Physical Division of AI and DX Business Units

[Asia Economy Reporter Minji Lee] KT Alpha announced on the 7th that it will spin off its AI·DX business division to establish a new company tentatively named Alpha X Solution.

The spin-off will be a simple and physical division method, where the existing company continues to exist and allocates the total number of issued shares to the newly established company. After the spin-off, the existing company will remain a listed corporation, while the new company will be an unlisted corporation.