Termination of Equipment Supply Contract with BlueOval SK
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Termination amount: KRW 32,617,856,379 (9.59% of recent sales of KRW 340,051,608,007)
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Reason: Termination notice from BlueOval SK due to dissolution of SK On-Ford JV following Ford's revised EV strategy
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Advance payment of USD 7,764,090 (approx. KRW 11.4B) is non-refundable; compensation for approved work performed before notice
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Contract period: 2025-03-25 to 2026-12-08; termination date: 2026-04-30
KOSDAQ Filing Information
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Filing: Termination of Single Sales and Supply Contract
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Company: mPlus (259630)
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Submission: mPlus Corp
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Receipt: 05-04-2026
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Under KRX KOSDAQ Market Division