Subsidiary VESE Decides on 41.4 Billion Won Capital Increase for Operating Funds and Securities Acquisition
- Subsidiary Volta Energy Solutions Europe Kft. (VESE) decided to raise approximately 41.4 billion won (16.2 billion won for operating funds, 397.7 billion won for acquisition of securities) via a shareholder allocation capital increase from its parent Volta Energy Solutions S.a r.l. (VES).
- The 397.7 billion won will be used to acquire shares in its subsidiary Volta Energy Solutions Hungary Kft. (VESH).
- VESE is a limited liability company with no issued shares; payment date is April 27, 2026.
- VESE's total assets amount to 1.11 trillion won, accounting for 51.41% of the parent company's consolidated assets.
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KOSPI Filing Information
- Filing: Decision on Paid-in Capital Increase (Major Management Matters of Subsidiary)
- Company: Solus Advanced Materials (336370)
- Submission: Solus Advanced Materials Co., Ltd.
- Receipt: 04-28-2026
- Under KRX KOSPI Market Division