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News 2026-10-07 07:56 UTC

Hyundai BNG Steel to invest KRW 18.53 billion in Seongrim Advanced Industry

Hyundai BNG Steel will subscribe to 741,147 new shares in Seongrim Advanced Industry for KRW 18.53 billion via a shareholder-allotted rights offering. The investment, expected to settle on Oct. 13, 2026, aims to bolster Seongrim Advanced Industry's financial position. This investment represents 3.6% of Hyundai BNG Stee