Enhanced Investments - Financial Portal

Published: 2023-12-27 12:32:27 ET

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6-K 1 d579819d6k.htm FORM 6-K Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of December, 2023

Commission File Number: 1-13368

POSCO HOLDINGS INC.

(Translation of registrant’s name into English)

POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, 06194

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Notice of Inclusion of Subsidiary in Holding Company


1. Details of subsidiary	A. Company name		POSCO WIDE
	B. Representative		Kim, Jung-Soo
	C. Main business		Facility management • Management service
	D. Financial status of the latest fiscal year (KRW mn)	Total assets	722,110
		Total liabilities	459,264
		Total shareholders’ equity	262,846
		Capital stock	9,571
2. Shareholding ratio of subsidiary	Before inclusion	Shares held (shrs.)	902,946
	Before inclusion	Shareholding ratio (%)	47.2
	After inclusion	Shares held (shrs.)	1,914,211
	After inclusion	Shareholding ratio (%)	100
3. Percentage of value of shares held to total assets	Before inclusion	Value of shares held (KRW million)	73,374
	Before inclusion	Percentage in total assets (%)	0.1
	After inclusion	Value of shares held (KRW million)	308,629
	After inclusion	Percentage in total assets (%)	0.6
4. Total number of subsidiaries	Before inclusion		16
4. Total number of subsidiaries	After inclusion		17
5. Reasons for inclusion			Acquisition of equity
6. Date of inclusion			December 27, 2023
7. Date of board resolution (decision date)			December 19, 2023
8. Other matters to be factored into investment decisions			- In compliance with the article “Restrictions on Acts by Holding Companies” under the Monopoly Regulation and Fair Trade Act, POSCO E&C which is a subsidiary of POSCO HOLDINGS will transfer its entire stake in POSCO WIDE to POSCO HOLDINGS. As a result of this transfer, POSCO WIDE will become a subsidiary of POSCO HOLDINGS from its former status of second-tier subsidiary.

- ‘Value of shares held’ before inclusion under 3. ‘Percentage of value of shares held to total assets’ is the book value of POSCO WIDE on the separate financial statements of POSCO HOLDINGS on FY 2022 Business Report and ‘Value of shares held’ after inclusion is the sum of book value before inclusion (KRW 73,374million) and acquisition price (KRW 235,255million).

- ‘Percentage in total assets(%)’ before/after inclusion under 3. ‘Percentage of value of shares held to total assets’ is the share of the equity value to the total assets of the separate financial statements of POSCO HOLDINGS on FY 2022 Business Report.

- Above 6 ‘date of inclusion’ is settlement date of share transaction (transfer date of shareholding right).

- Above 7. Date of board resolution (decision date) is the date of resolution of the board of directors of POSCO HOLDINGS.

ø Related disclosure

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	POSCO HOLDINGS INC.
	(Registrant)

Date: December 27, 2023	By	/s/ Han, Young-Ah
	(Signature)
	Name:	Han, Young-Ah
	Title:	Senior Vice President

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.