STX has submitted its letter of intent to acquire Dpeco, a Gangwon-based electric truck maker, as it attempts to jump into the EV market.
STX has launched an online platform called TrollyGo to enable B2B trade of raw materials, promising one-click transactions and market data.
STX's announcement came after trading closed on Thursday. Its shares were down more than 20 percent in the morning trading session on Friday.
STX will acquire a 20 percent stake in a nickel mine in Indonesia, the local trading company said Tuesday.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) acquired STX Heavy Industries, securing a 35 percent stake in the local ship engine maker for 81.3 billion won ($63.7 million).
Hanwha made a preliminary bid to acquire a controlling share of STX Heavy Industries, a local ship engine maker.
The strong rally came after local media reported that Korea Shipbuilding and Offshore Engineering (KSOE) joined the bid to acquire 47.81 percent of STX Heavy Industries.
STX Offshore & Shipbuilding has been rebranded as K Shipbuilding under a new ownership after its creditors terminated the creditor management of the midsized shipyard on Tuesday.
Midsized shipyard STX Offshore & Shipbuilding said Wednesday that it has signed deals to build 12 ships with Oceanian companies.
STX Offshore & Shipbuilding secured a contract to supply three tankers to a domestic shipper.
Korea JoongAng Daily Sitemap