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HS Hyosung Group has acquired Umicore's battery anode subsidiary EMM for €120 million, marking its entry into the silicon anode materials market and planning KRW 1.5 trillion investment in large-scale production.
#YonhapInfomax #HSHyosung #Umicore #SiliconAnode #MergersAndAcquisitions #BatteryMaterials #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88908

Cho Hyun-joon’s three children have sold their entire stake in HS Hyosung, reducing Vice Chairman Cho Hyun-sang’s related party group and lowering their combined ownership to 57.35%.
#YonhapInfomax #HyosungGroup #HSHyosung #ShareSale #OwnershipStake #ChoHyunJoon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82157

HS Hyosung Vice Chairman Cho Hyun-sang appeared before South Korea’s special counsel investigating the “Butler Gate” scandal, remaining silent on allegations of improper investments linked to First Lady Kim Keon-hee’s family.
#YonhapInfomax
#HSHyosung #ChoHyunSang #SpecialCounsel #IMSInvestment #KimKeonHee
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75355

HS Hyosung shares fell for a sixth straight session, dropping 16.1% amid investor sell-offs as the Kim Keon-hee special counsel probe intensifies, raising uncertainty over the company’s outlook.
#YonhapInfomax
#HSHyosung #KimKeonHee #SpecialCounsel #SharePrice #InvestorSentiment
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=73174

HS Hyosung Vice Chairman Cho Hyun-sang postponed his appearance before the special counsel probing First Lady Kim Keon-hee's case, citing an overseas business trip, with the investigation schedule yet to be confirmed.
#YonhapInfomax #HSHyosung #ChoHyunSang #SpecialCounsel #KimKeonHee #APECMeeting #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72921

Hyosung Group and HS Hyosung mark one year of independent management, with both entities accelerating business and asset restructuring; Hyosung improves financial metrics through asset sales, while HS Hyosung pursues aggressive new business investments, including the imminent sale of its tire steel cord unit.
#YonhapInfomax #HyosungGroup #HSHyosung #AssetRestructuring #ROE #TireSteelCordSale #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69414

HS Hyosung Advanced Materials secures a legal victory in South Korea over hybrid tire cord patents, but the outcome of the US litigation remains uncertain as the $11.2 billion global EV tire market rapidly expands.
#YonhapInfomax #HSHyosung #KolonIndustries #HybridTireCord #EVTireMarket #PatentLitigation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67620

#HSHyosung