Subsidiary LX International Provides KRW 91.3 Billion Debt Guarantee for PT. Batubara Global Energy
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LX International decided to provide a debt guarantee for its affiliate PT. Batubara Global Energy (amount: KRW 91.3 billion, 2.6% of equity)
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Guarantee period from August 26, 2026 to April 5, 2028
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Total outstanding guarantees as of board resolution date: approximately KRW 2.06 trillion
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Debtor's latest financials: total assets KRW 295.4 billion, net income KRW 31.8 billion (sound financial condition)
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Resolution passed with all 4 outside directors present
KOSPI Filing Information
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Filing: Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)
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Company: LX Holdings (383800)
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Submission: LX Holdings Corp.
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Receipt: 04-29-2026
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Under KRX KOSPI Market Division