HS Hyosung USA Holdings Corrects Transfer Price Upward from 34B to 48B Won (FX Rate Change)
Correction: Transfer price of trading business from subsidiary HS Hyosung USA Holdings, Inc. increased from 34.01B to 48.19B won due to post-closing adjustment (FX rate change from 1,478.90 to 1,436.70 won/USD)
Purpose: Enhance corporate value through management efficiency and business restructuring
Buyer: Affiliate Hyosung USA Inc.
Transfer date: 2025-12-31 (scheduled)
Subsidiary total assets: 350.7B won; 30.67% of parent's consolidated assets
KOSPI Filing Information
Filing: Correction of Description Decision on Transfer of Business (Major Management Matters of Subsidiary)