Guatemala Investment Suspended, Shift to Vietnam


  • Guatemala production facility investment on hold due to construction cost surge, tax uncertainty, and intensified competition in Central American yarn market.
  • Guatemalan subsidiary maintained; land purchase completed (KRW 20.5 billion); remaining investment of KRW 23.5 billion deferred to December 31, 2028.
  • Investment destination changed to Vietnam: 5th factory expansion with total investment of KRW 28.9 billion, targeting full operation by Q1 2027.
  • Prior Guatemala investments: KRW 26.5 billion (subsidiary) and KRW 20.5 billion (land) already executed.
  • Board resolution date: May 14, 2026.

KOSPI Filing Information


  • Filing: [Correction of Description] Decision on Acquisition of Stocks and Investment Securities in Other Corporations (Voluntary Disclosure)
  • Company: Ilshin Spinning (003200)
  • Submission: Ilshin Spinning Co., Ltd.
  • Receipt: 05-14-2026
  • Under KRX KOSPI Market Division