S-Energy "Additional Acquisition of Subsidiary S-Fuelcell Shares for 6 Billion Won"
S Energy announced on the 16th that it will additionally acquire 186,915 shares of its subsidiary S Fuel Cell, which manufactures, researches, and develops hydrogen fuel cells, for approximately 6 billion KRW.
After the stock acquisition, S Energy's stake in S Fuel Cell will be 32.2%. The scheduled date for the stock acquisition is December 18 of this year.
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S Energy stated that the purpose of this stock acquisition is to "strengthen the financial stability of the subsidiary and support securing growth resources."
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