LS Eco Energy invests KRW 11.6 billion for 58% stake in Vietnam’s Global Shre Metal
Bitget2026/09/30 00:31- LS Eco Energy will invest KRW 11.6 billion in newly established Vietnam unit Global Shre Metal (GSHM) via cash contribution.
- Transaction covers 21,139,872 shares, taking ownership to 58% and making GSHM a consolidated subsidiary.
- GSHM will manufacture and sell samarium (Sm) rare-earth metal, supporting LS Eco Energy’s push into the samarium business.
- Closing is targeted for Oct. 16, 2026; board decision date was Sept. 30, 2026.
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