Hyundai Futurenet Co., Ltd completed the Spin-Off of HYUNDAI HCN Co., Ltd.
September 29, 2021
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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,
Hyundai Futurenet Co Ltd is a Korea-based company principally engaged in the digital signage business. The Company operates its business through four segments. The Signage Business segment is engaged in the provision of video contents such as information, entertainment advertisement and others through display screens. The Messaging Business segment is engaged in the provision of message agency services sent by corporates used for reservation, order confirmation, and delivery to customers as well as advertising and other purposes. The Immersive Contents Business segment is engaged in the provision of media art exhibitions and operation of museums. The Cosmetic Materials Business segment is engaged in the manufacture and sale of raw materials for cosmetics, health functional food and other products.
HYUNDAI FUTURENET CO., LTD. 
