OCI converted to a holding company in May... Under the Chairman Lee Woo Hyun's system
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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stockmk2020@alphabiz.co.kr | 2023-02-07 06:35:49
[Alpha Biz=(Chicago) Reporter Kim Jisun] OCI will switch to a holding company in May and become Chairman Lee Woo-hyun's system.
According to the business community on the 6th, OCI began full-scale discussions on the system of Chairman Lee Woo-hyun with the establishment of a holding company.
Through a general shareholders' meeting next month, OCI will be divided into OCI Holdings, a holding company, and OCI, a new corporation. The inauguration of the chairman is expected to take shape after the shareholders' meeting.
OCI will begin the official process of launching a holding company from next month. OCI announced the convocation of a shareholders' meeting to separate OCI Holdings and OCI on the 7th of next month, followed by a shareholders' meeting on the 22nd to approve the split plan. The division will then be carried out as of May 1, and the company plans to complete the change in listing and re-listing following the personnel division on May 29.
Later, as early as the third quarter, OCI Holdings will complete its paid-in capital increase through public purchase and complete its governance structure leading to "shareholder → OCI Holdings → OCI."
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