Kumyang revises split-off plan to add data center, AI platform businesses to new unit KYDC
Bitget2026/10/01 06:51- Kumyang corrected its split-off filing to expand the scope of the new unit, KYDC, to include data center energy, operations, security, ESS, AI.
- The transaction remains a simple physical spin-off, leaving Kumyang holding 100% of KYDC at formation.
- KYDC’s formation balance sheet was revised to assets KRW 504.55 billion, up from KRW 475.17 billion.
- The split date stayed at Dec. 5, 2026.
- The filing kept the expected share buyback price for dissenting shareholders at KRW 9,900, with a KRW 100 billion withdrawal threshold.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
Moody’s and Chainlink Complete Cross-Chain Credit Ratings Distribution Pilot
Crypto prices
More
