Decision to sell 8.09% stake in Hyundai R&AM... to secure liquidity and invest in new business
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Decision to sell 2.5 million shares (8.09%) of Hyundai R&AM for approximately 81.06 billion won, post-disposal stake 16.19%
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Purpose: secure liquidity and raise funds for new business investment through asset sale
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Expected disposal date changed to May 29, 2026 (from May 6); block trade via third party designated by advisor
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Sale price based on VWAP with discount; final price adjustable within 70%~130% range
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Issuer (Hyundai R&AM) reported net loss of 7.1 billion won in 2025 (consolidated), audit opinion unqualified
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Disposal amount equals 8.54% of equity; no further sale plans
KOSPI Filing Information
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Filing: [Correction of Description] Decision on Disposal of Stocks and Equity Securities of Other Corporations
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Company: Ilshin Spinning (003200)
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Submission: Ilshin Spinning Co., Ltd.
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Receipt: 05-06-2026
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Under KRX KOSPI Market Division