Extension of Largest Shareholder's Share Pledge Contracts and Cumulative Pledge at 74.9%
The largest shareholder, DK Marine Co., Ltd., pledged 6,290,419 shares (74.9% of its holdings) out of 8,402,961 shares (21.02% stake) under 9 collateral contracts. Full execution would reduce stake to 5.28%.
Total borrowings: 9.68 billion won; collateral amount: 14.31 billion won. All loans for operating funds, debtor is the largest shareholder itself.
One contract with Cape Investment & Securities (859,920 shares) extended: collateral period 2026-05-11 to 2026-08-10, contract date corrected to 2026-05-11.
Debtor DK Marine's financials: assets 103.4B won, liabilities 49.0B won, equity 54.5B won, net income 0.678B won. Audit opinion unqualified.
KOSDAQ Filing Information
Filing: [Correction of Description] Execution of Stock Pledge Agreement Involving Change of Largest Shareholder