The Board of Directors of Hyundai Futurenet Co., Ltd (KOSE:A126560) agreed to spin off Hyundai HCN Co., Ltd. on October 13, 2020. Hyundai Futurenet Co., Ltd. will be surviving company anf it will own 100% stake in newly established company. The Board of Directors has passed the resolution for the same. The schedule spin off date is November 1, 2020.
Hyundai Futurenet Co., Ltd completed the Spin-Off of HYUNDAI HCN Co., Ltd. on September 30, 2021,