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| 사진=LS전선 |
[Alpha Biz= Reporter Kim Jisun] Gaon Cable, a subsidiary of LS Cable, announced on the 2nd that it will carry out a KRW 79.2 billion capital increase through a third-party allotment of shares, targeting LS Cable.
Additionally, LS Cable plans to contribute 100% of the common shares of another subsidiary, G&P Co., Ltd., to Gaon Cable as an in-kind contribution.
This move completes a vertical integration structure among LS Cable, Gaon Cable, and G&P. G&P is a company specializing in the production of wire rods for cables and various types of cables.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
