Hankuk Carbon stock completes KAT subsidiary merger

Published on 11/11/2026 at 01:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hankuk Carbon stock completed a 1:0 merger with its wholly owned KAT subsidiary on November 2. No new shares were issued.

Key facts for investors

The completed merger did not change Hankuk Carbon's ownership structure or share count.
Unaudited post-merger assets were KRW 1.117 trillion, against KRW 450.6 billion in liabilities.
The transaction consolidated Korean Aviation Technology KAT without cash consideration or new shares.

Hankuk Carbon, KR7017960006, Illustration mit AI erstellt.

Hankuk Carbon completed a small-scale merger with its wholly owned Korean Aviation Technology, or KAT, subsidiary on November 2, according to a TipRanks report. The 1:0 transaction was completed without separate consideration and did not issue new shares.

Merger leaves share structure unchanged

Hankuk Carbon remained the surviving parent and continues to own 100 percent of KAT. The company said the consolidation did not change its ownership structure or share count.

A total of 1,232 shareholders, representing 0.61 percent of issued shares, submitted opposition notices. No appraisal rights applied, while no creditors objected and no merger-related litigation affecting the transaction was reported.

Balance sheet after consolidation

Unaudited figures as of June 30 showed post-merger assets of KRW 1.117 trillion, liabilities of KRW 450.6 billion and equity of KRW 666.7 billion. The figures indicate a corporate consolidation rather than a change in control or capital structure, although final figures remain subject to audit.