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
Decision on Acquisition of Stocks and Investment Securities of Other Corporations