[Asia Economy Reporter Myung-Hwan Lee]
▲LG Household & Health Care=Regarding the report on the acquisition of Purmil announced last May, the company disclosed that "various measures are being considered to strengthen competitiveness in the beverage business, but it has been finally decided not to proceed with the acquisition in this case."
▲Kia=Purchased a specific money market trust worth 40 billion KRW from Hyundai Motor Securities for stable fund management and profitability improvement.
▲Sebang Battery=Decided to dispose of treasury shares worth 457.63 million KRW to provide treasury shares to employees in celebration of the company's 70th anniversary.
▲LG Chem=Applied to the National Medical Products Administration (NMPA) of China for a Phase 3 clinical trial plan of the gout treatment drug "Tigulixostat" in China.
▲DL E&C=Disclosed that it was selected as the contractor for the Hyundai Hometown Apartment remodeling housing project worth 220.5 billion KRW.
▲Hanshin Engineering & Construction=Disclosed that it was selected as the contractor for the Cheongryong 1 District reconstruction and maintenance project worth approximately 79.3 billion KRW.
▲Hyundai Steel=Temporarily suspended manufacturing of steel pipes and lightweight products at Hyundai Steel Ulsan plant on the 6th considering worker safety due to Typhoon "Hinnamnor."
▲Woosung=Decided to provide a debt guarantee worth 33.8 billion KRW to its subsidiary Woosung Feed.
▲Korea Aerospace Industries=Appointed Kang Gu-Young as the new CEO.
▲Jayjun Cosmetic=Appointed Yang Jae-Won as the new CEO following the resignation of CEO Son Sang-Hoon.
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