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Despite opposition from ant investors and the National Pension Service, the spin-off of LG Chem’s ‘battery business’ was finalized. LG Chem plans to solidify its number one position in the global battery market by launching a separate subsidiary LG Energy Solutions in December. Reporter Cho Yong-seong reports. The day of the general shareholders’ meeting when the future of LG Chem’s’ battery business’ is decided. The so-called “anthill” investors come in one by one to stop this. Microinvestors and the National Pension Service, which had expected profits in the battery business, are opposed, but all have a 20% stake. It was finally approved as foreign investors, who accounted for the majority, gave their hands to the business division. 82.3% of the concurrent shares and 63.7% of the issued shares with agreed voting rights. LG Chem plans to launch a 100% subsidiary LG Energy solution in December. LG Chem said it would secure the investment through the spin-off and did not set a listing time. He also added that he thanked shareholders for approving the spin-off and that he would try to increase corporate value. As the division of the battery business was confirmed, expectations rose for rapid decision-making and investment attraction that LG Chem has emphasized. In addition, it is analyzed that the plan was given the green light to maintain the world’s No. 1 market share in batteries for electric vehicles. YTN Quiet Seong[[email protected]]it is.