The Board of Hwaseung R&A Co., Ltd. (KOSE:A013520) announced the spin-off of automotive parts manufacturing business, excluding the industrial rubber product manufacturing and trading division on September 28, 2020. Following spin-off, Investment business such as manufacturing and trading of industrial rubber products , management of subsidiaries and investment in new business with Hwaseung Corporation Co., Ltd. (tentative name) and Auto parts manufacturing business will be named Hwaseung R&A Co., Ltd. (tentative name). On February 5, 2021, the division plan was approved and resolved at the general shareholders' meeting of Hwaseung R&A Co., Ltd. The transaction is expected to close by February 28, 2021.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
5,170 KRW | +0.58% |
|
+12.64% | +24.73% |
1st Jan change | Capi. | |
---|---|---|
+24.73% | 70.96M | |
+19.37% | 45.51B | |
-22.88% | 18.62B | |
+1.99% | 18.19B | |
+27.68% | 16.68B | |
+4.43% | 15.98B | |
+98.97% | 15.97B | |
+56.01% | 12.11B | |
-25.52% | 11.98B | |
+37.29% | 11.87B |
- Stock Market
- Equities
- A378850 Stock
- News Hwaseung R&A Co., Ltd.
- The Board of Hwaseung R&A Co., Ltd. announced the spin-off of automotive parts manufacturing business.