POSCO (PKX) has released an update.
POSCO Holdings Inc. has expanded its portfolio by establishing a new subsidiary, POSCO ZHONGTAI AIR SOLUTION, which specializes in the production and sales of high-purity rare gas. The inclusion, which sees POSCO Holdings owning a 75.1% shareholding ratio, represents a minor 0.12% of the holding company’s total assets. The move, finalizing on August 26, 2024, increases the total number of POSCO subsidiaries to 19, reflecting the company’s strategic growth in the industrial gas market.
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