[DISCLOSURE]
Hyosung Advanced Materials (298050) and
Hyosung TNC (298020) announced on Dec. 21 that their largest stakeholder has changed to
Hyosung (004800) and 8 others from
Cho Hyun-joon and 10 others in separate statements.
Hyosung Chemical (298000) and
Hyosung Heavy Industries (298040) also announced that their largest stakeholder has changed to Hyosung and 9 others from Cho Hyun-joon and 10 others.
Hyosung is seeking to shift to a holdings company and will own 21.20 percent stake in Hyosung Advanced Materials, 20.17 percent in Hyosung Chemical, 20.32 percent in Hyosung TNC and 32.47 percent in Hyosung Heavy Industries.
By Hwang You-mee (
glamazon@heraldcorp.com)