SFA Semiconductor Decides to Loan 29.46 Billion Won to Philippine Subsidiary SSP
SFA Semiconductor decided to provide a loan of 29.46 billion won (approx. $20 million) to its Philippine subsidiary SSP for facility investment and operating funds.
Loan interest rate 4.6%, period from May 15, 2026 to May 14, 2029 (3 years).
SSP financials: assets 245.2 billion won, liabilities 79.8 billion won, equity 165.4 billion won, net loss 22.5 billion won (FY2025).
The loan represents 6.2% of equity, approved by board with 1 outside director present.