KT&G invests 127.3 billion won in subsidiary Sangsang Stay
KT&G decided to acquire 9,770,426 common shares of its wholly-owned subsidiary Sangsang Stay for 127,309 million won through participation in a capital increase.
The purpose is to strengthen the subsidiary's business competitiveness through changes in its real estate business structure.
The board resolved on May 7, 2026, with all 6 outside directors present.
The investment is expected in August 2026, but may change due to court approval and agreements.
The investment amount is based on external appraisal and may change during the court approval process.