Fino to Invest USD 38 Million in Subsidiary FINO NEW ENERGY

Bitget2026/11/06 08:36

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Fino will invest KRW 51 billion in wholly owned Singapore subsidiary FINO NEW ENERGY through a cash subscription for 38,000,000 shares.
The capital increase will fund investment in the new materials business; the investment represents 26.79% of Fino's equity.
Completion is scheduled for December 31, 2026, bringing its holding to 38,100,000 shares while maintaining 100% ownership.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fino Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261106900877), on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fino to Invest USD 38 Million in Subsidiary FINO NEW ENERGY

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