[Asia Economy Reporter Lee Seon-ae]
◆LG Chem=Subsidiary LG Energy Solution decided to split invest KRW 1.0642 trillion in Ultium Cells through LG Energy Solution Michigan by 2023 to establish a joint battery plant 2 with GM
◆IBK=Decided a paid-in capital increase of KRW 49.1 billion for operating fund procurement
◆Ssangyong Motor=Production at Pyeongtaek plant suspended until the 23rd due to disruption in procurement of production parts caused by suppliers' refusal to deliver
◆Hyundai Corporation=KRW 27.9 billion debt guarantee to Singapore affiliate
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◆HDC Hyundai Development Company=Decided a KRW 260 billion debt guarantee to others
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