Woory Industrial Holdings to Sell Entire Stake in Elex for KRW 11.81 Billion
Woory Industrial Holdings will sell its entire 97,490-share stake in Elex for 11.81 billion won. The disposal is scheduled for January 15, 2027, with proceeds equivalent to 5.44% of equity. The sale aims to simplify the group’s ownership structure and improve management efficiency around its operating companies. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Woory Industrial Holdings Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261015900827), on October 15, 2026, and is solely responsible for the information contained therein. (C)