▲LG Chem=Announced plans to invest over $3 billion by 2027 to establish a cathode material plant with an annual capacity of 120,000 tons in Tennessee, USA. The company aims to grow sales of its battery materials business, including cathode materials, from 5 trillion KRW this year to approximately 20 trillion KRW by 2027, more than quadrupling.
▲HJ Heavy Industries=Selected as the contractor for the Wonjong-dong Hyundai Mokhwa Apartment street housing maintenance project, with a winning bid amount of approximately 47 billion KRW.
▲Seongan=Announced that Lee Sujeong and four others have submitted a withdrawal of the injunction application against new share issuance to the Daegu District Court. It was also revealed that Lim Eun-hyeong submitted a withdrawal of the shareholder meeting resolution cancellation application to the same court.
▲Kolon=Announced that its subsidiary Kolon Global, together with GS Construction and DL E&C, has been selected as the contractor for the Seongnam Sinheung 1 District redevelopment project. The company's scheduled construction amount is approximately 243.2 billion KRW.
▲Shinpoong Pharmaceutical=Announced that following referral to the Seoul Central District Prosecutors' Office on allegations of slush fund creation, the company’s CEO and responsible executive were summoned for investigation, but no confirmed situation has been reported yet.
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▲Meritz Financial Group=Announced that Meritz Fire & Marine Insurance and Meritz Securities will be fully incorporated as subsidiaries through a comprehensive stock exchange. Shareholders holding one common share of Meritz Securities will receive 0.1607327 shares of Meritz Financial Group, and Meritz Fire & Marine Insurance shareholders will receive 1.2657378 shares per share.
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