[eGongsi Notice] Iljin Display "Suspends Review of Major Shareholder Stake Sale" etc.

[Asia Economy Reporter Myung-hwan Lee] Iljin Display announced on the 15th through a follow-up disclosure that regarding the sale promotion report reported last August, "We have been conducting various strategic reviews to strengthen business competitiveness, but have decided to suspend the review of the sale of major shareholder shares related to the report."

Below are Iljin Display's disclosure and other major disclosures released this morning.

▲ Aprogen = Decided on a free capital reduction by merging 3 common shares into 1 common share of the same par value. The number of issued shares is expected to decrease from 761,006,567 common shares before the reduction to 295,147,542 shares.

▲ LG Chem = In response to an inquiry disclosure regarding the report on establishing a cathode material plant in Tennessee, USA, it disclosed, "We are planning to build a cathode material plant in North America to strengthen competitiveness in the cathode material business, but nothing has been concretely decided yet."

▲ BH = Decided to enter into a trust contract to acquire treasury shares worth 5 billion KRW to enhance shareholder value and stabilize stock price.

▲ Ilya = Decided on a third-party allotment paid-in capital increase worth 13.6 billion KRW for operating fund procurement. The third-party allotment target is Ritco Investment Association.

▲ Dient = Signed a supply contract for secondary battery manufacturing equipment worth 11.4181 billion KRW with Ultium Cells.

This content was produced with the assistance of AI translation services.