Hancom WITH sells entire stake in Hancom InSpace for 7.42 billion KRW to restructure business portfolio
Hancom WITH has decided to sell its entire holding of 719,442 common shares of Hancom InSpace for 7,422,483,114 KRW.
The purpose is business portfolio restructuring, and the transaction amount represents 4.98% of equity capital.
This divestiture completely exits Hancom WITH from Hancom InSpace, expected to secure liquidity and simplify business structure.
[AI Summary]Hancom WITH sold its entire subsidiary stake for approximately 7.42 billion KRW, but the vague purpose and undisclosed buyer suggest a neutral short-term stock price impact. Investors should monitor future use of proceeds and further restructuring plans.
KOSDAQ Filing Information
Disposal Decision of Stocks and Investment Securities of Other Corporations (Voluntary Disclosure)