Acquisition of Shares in Another Corporation: 100% Acquisition of Shinwon Co., Ltd. for Robot Electric Technology Internalization
Acquisition Purpose and Target: Decided to acquire 160,000 shares (100%) of Shinwon Co., Ltd. (manufacturer of switchboards and electric control panels) for 6.2 billion won to internalize robot electric technology (3.29% of equity).
Acquisition Method: Cash and loan offset, no put options or similar contracts.
Target Financials (FY2025): Assets 15.18B won, liabilities 12.68B won, equity 2.50B won, revenue 19.36B won, net income 0.099B won (down from 0.474B won in FY2024).
Expected Closing Date: May 15, 2026. Board resolution same date, all 3 outside directors attended.
Other: Any changes in transaction terms will be re-disclosed.
KOSPI Filing Information
Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations (Voluntary Disclosure)