DXN Holdings Bhd has initiated the dissolution of its wholly owned South Korean subsidiary, DXN Korea Co., Ltd., as part of a corporate housekeeping exercise involving a business unit that has been inactive for several years.
The group Holdings said DXN Korea submitted an application for dissolution registration on May 12, 2026, in accordance with South Korean legal requirements.
DXN Korea was incorporated on Aug 1, 2017, with an issued share capital of KRW300 million. The subsidiary had operated actively following its establishment but has been operationally inactive since 2021.
The company did not disclose any ongoing business activities or assets associated with the subsidiary, indicating that the dissolution reflects the formal closure of a dormant entity within the group’s international operations.
