APS Completes Merger without New Shares, Using Treasury Stock
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Merger completed: APS absorbed Zenix World (merger date 2026.04.24)
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No new shares issued; treasury shares delivered as consideration
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Appraisal rights exercised: 24 shareholders, 933,893 shares, at KRW 2,403 per share, total KRW 2,244,144,879
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Merger opposition: 157 shareholders, 46,498 shares (0.25% of total shares) - no appraisal rights due to small-scale merger
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Creditor objection: 1 case, fully repaid
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Post-merger total equity: KRW 186,137,066,231
KOSDAQ Filing Information
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Filing: Report on Termination of Merger, etc. (Merger)
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Company: APS (054620)
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Submission: APS Inc.
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Receipt: 04-30-2026