Halla Holdings Acquires Additional 134 Billion KRW Shares of Subsidiary Wico
[Asia Economy Reporter Lee Junhyung] Halla Holdings announced on the 6th that it will additionally acquire 2.68 million shares of its automobile parts manufacturing and sales subsidiary Wico for 134 billion KRW.
The acquisition amount accounts for 15.11% of its equity capital. After the acquisition, Halla Holdings' stake in Wico will be 100% (3.082 million shares). The scheduled acquisition date is the 7th.
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Halla Holdings stated, "This is to participate in the paid-in capital increase of its subsidiary Wico."
This content was produced with the assistance of AI translation services.
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