South Korea's Doosan Robotics rallies on reorganisation plans
** Shares of Doosan Robotics Inc 454910.KS rise as much as 17.9% to 100,600 won, their highest in nearly six months
** Doosan Corp 000150.KS said in regulatory filings on Thursday Doosan Robotics will have Doosan Bobcat 241560.KS as a 100% subsidiary under Doosan Group's reorganisation plans
** Doosan said that once Doosan Robotics fully owns Doosan Bobcat through business integration, it will delist Bobcat's shares from the main KOSPI .KS11
** "Doosan Robotics, which will have Doosan Bobcat as a 100% subsidiary, would be able to utilise Doosan Bobcat's network, financing capabilities as well as management infrastructure in advanced markets" - Doosan
** Doosan said the expansion of automation in Doosan Bobcat's production facilities could increase the supply of robot products, contributing to Doosan Robotics' sales growth
** The broader market KOSPI .KS11 down 1.2%, as of 0045 GMT
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