Acquisition of 300,000 Shares in Key Subsidiary Mico Ceramics to Strengthen Control
Acquisition of 300,000 additional shares (approx. 23.4 billion won) in key subsidiary Mico Ceramics, increasing ownership from 62.59% to 64.5%
Purpose: Strengthen control and maximize business synergies; no immediate sales plan
Method: Exercise of warrants acquired from major shareholder Mico in July 2025 (exercise price 25,000 won, payment 7.5 billion won + fair value of rights 15.9 billion won)
Target company financials: 2025 revenue 252.5 billion won (+14.7% YoY), net income 62.3 billion won (-1.2% YoY), maintaining solid profitability
Acquisition amount represents 6.3% of equity and 2.3% of total assets, indicating manageable financial impact
Board resolution passed with full attendance of two outside directors and auditor, ensuring proper governance
KOSDAQ Filing Information
Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations