LS Eco Energy invests KRW 11.6 billion for 58% stake in Vietnam’s Global Shre Metal
Bitget2026/09/30 00:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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.
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. LS Eco Energy 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: 20260930800068), on September 30, 2026, and is solely responsible for the information contained therein.
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