Expected to be merged into a subsidiary after a shareholders meeting on the 30th,
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, ‘[Seoul=Newswire] Reporter Park Eun-bi = HD Hyundai, which is acquiring STX Heavy Industries, set a new 52-week high.’,
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, ‘According to the Korea Exchange on the 16th, HD Hyundai closed at 79,900 won, up 3,800 won (4.99%) from the previous trading day. It soared to 81,000 won during trading, setting a new 52-week high.’,
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, ‘HD Hyundai Merchant Marine closed at 178,300 won, up 9,500 won (5.63%). It also set a new 52-week high during trading at 178,500 won, as did STX Heavy Industries. STX Heavy Industries closed at 19,100 won, up 1,620 won (9.27%), soaring to its 52-week high of 21,400 won during trading.’,
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, ‘STX Heavy Industries is scheduled to change its name to HD Hyundai Marine Engine and be merged into an HD Hyundai subsidiary after a shareholders meeting on the 30th. This is a follow-up measure following the conditional approval of the corporate merger by the Fair Trade Commission the day before.’,
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, ‘Previously, HD Hyundai Merchant Marine decided to acquire 35.05% of STX Heavy Industries’ shares worth 81.3 billion won in July last year. HD Hyundai Merchant Marine expects synergy effects such as expanding large engine production capacity, improving component cost competitiveness through domestic parts localization, and sharing overseas sales networks through the acquisition of STX Heavy Industries．’,
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