Decision on KRW 560 Billion Debt Guarantee for Singapore Subsidiary
LX INTERNATIONAL resolved to provide debt guarantees for its Singapore subsidiary (15 cases, total KRW 560 billion / USD 380.2 million). Guarantee period: 2026.05.20~2028.03.17.
Guarantee amount is 15.8% of parent's equity (KRW 3.54 trillion). Total debt guarantee balance: KRW 2.06 trillion.
Subsidiary's financials: assets KRW 482.7B, liabilities KRW 432.5B, equity KRW 50.2B, net income KRW 6.8B. Guarantee amount is 11x subsidiary's equity.
Additional guarantees to various affiliates exist, totaling KRW 2.06 trillion, approved by the board.