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Hankook Advanced Materials Increases Stake in Lucent Investment Fund to 100% with 14.7 Billion KRW Investment

Electronic Technology · Electronic Components · yonhap_finance · 2026-09-11

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KOSDAQ-listed Hankook Advanced Materials has acquired an additional 14.7 million shares of its subsidiary, Lucent Investment Fund, for 14.7 billion KRW.

What Happened

Stake Acquisition: Hankook Advanced Materials announced the acquisition of 14.7 million additional shares in its subsidiary, Lucent Investment Fund, for a total of 14.7 billion KRW. This transaction brings the company's ownership stake in the fund to 100%.

Strategic Purpose: The company stated that the primary objective of this capital injection is to secure full equity control. This move is intended to consolidate its investment structure and strengthen its influence over the subsidiary.

Transaction Timeline: The acquisition of the shares is scheduled to be completed on the day of the disclosure, the 11th. The company is moving quickly to finalize the ownership transfer.

Data Source: This report was generated by an automated algorithm based on public disclosure data provided by Yonhap Infomax. The content has undergone editorial review to ensure accuracy.

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