Hungarian Subsidiary Decides on $27M Rights Issue for Operating Funds
- Solus Advanced Materials' Hungarian subsidiary VESH decided on a rights issue of $27M (approx. KRW 39.78B) for operating funds
- The capital increase will be fully funded by VESE, VESH's parent and Solus Advanced Materials' subsidiary
- VESH is a limited company with no issued shares; payment date is April 28, 2026
- VESH is a major subsidiary accounting for 56.34% of Solus Advanced Materials' consolidated assets, engaged in battery foil manufacturing
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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: 04-29-2026
- Under KRX KOSPI Market Division