MS Autotech Plans Issuance of Exchangeable Bonds for 4,387,291 Myungsin Industry Shares

MS Autotech announces plan to issue exchangeable bonds (EB) exchangeable into Myungsin Industry common shares.
Issuance date: 2026.05.22, maturity: 2031.05.22, exchange period: 2026.06.22~2031.04.22.
Exchange price: KRW 13,644 per share (110% premium over reference price of KRW 12,403).
Maximum exchangeable shares: 4,387,291 shares (9.22% of Myungsin Industry's total issued shares).
Underlying shares to be held in trust at Korea Securities Depository; bondholders can request early redemption from 2028.05.15.
The plan aims to raise funds utilizing MS Autotech's stake in Myungsin Industry.

Filing: Report On Transaction Plan Of Specific Securities By Executives And Major Shareholders
Company: Myoung Shin Industry (009900)
Submission: MS AUTOTECH COMPANY, LIMITED
Receipt: 05-14-2026