Every Spin-Off
HS Hyosung
487570 KSCompletedKRHolding company that controls Hyosung Advanced Materials, a South Korean maker of tire cord, carbon fibre and aramid, along with other affiliates spun out of the Hyosung group.
Hyosung spun off HS Hyosung, a new holding company led by vice chairman Cho Hyun-sang that takes Hyosung Advanced Materials and other affiliates, via a 인적분할 at 0.818:0.182 effective 1 July 2024, with HS Hyosung re-listed on KOSPI.
- Distribution date
- 29 Jul 2024
- Structure
- Spin-off
- Parent
- Hyosung (004800 KS)
- Spin-off ticker
- 487570 KS
- Listing
- KOSPI
- Market
- South Korea
- Sector
- Materials
- Size
- micro
Source documents
- Press releaseHS Hyosung launched 1 Jul, re-listing 29 Jul (07/02/24)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcedealsite.co.kr (0.818:0.182 ratio, KOSPI re-listing 29th, 07/11/24)
- Sourceinvesting.com (ticker 487570)
Every Spin-Off research
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