Hanwha Solutions to Dispose Subsidiary Shares Worth 1.363 Trillion KRW to Establish HCC Holdings Co., Ltd.
[Asia Economy Reporter Gong Byung-sun] Hanwha Solutions announced on the 25th that it has decided to dispose of its stake in its subsidiary Hanwha Chemical (Ningbo) Co., Ltd., valued at 1.363 trillion KRW, to establish HCC Holdings Co., Ltd. through a contribution in kind.
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This represents approximately 22.84% of its equity capital.
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