Flash News

THE KK HERCULES CEO SAYS HE'S CONSIDERING A CLOSER RELATIONSHIP WITH THE ZHANG

On 28 August, the SK Hercules (SKHY.O) is considering further deepening its cooperation with Japan ' s flash-manufacturer. The Chief Executive Officer of SK Hercules, Guolu, has indicated that various ways of strengthening cooperation between the two sides are being studied, but that “there are no established plans” regarding the right of the Shaman currently held indirectly. At present, SK Hercules indirectly holds a significant share of the Zhang Man's rights through investment instruments under the Bene capital. According to the previous agreement, the voting rights of the Zhang Man shall not exceed 15 per cent by 2028 without his consent. When asked if there were plans to further expand investment in the United States, Guero was not giving details. In addition, he disclosed that SK Hercules was still assessing the possibility of the United States NAND subsidiary Solidigm being listed. Earlier, the Korean media had reported that Solidigm was seeking pre-IPO financing of between 5 trillion and 10 trillion won, but SK Hercules indicated that no decision had been taken。

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