Expanded Participation in Daedong Gear Rights Offering, Acquisition Amount 21.5B Won, Stake 37.74%
DAEDONG expands its participation in subsidiary Daedong Gear's rights offering, increasing acquired shares to 1,548,324 and acquisition amount to 21.5B won (corrected disclosure).
Post-acquisition, DAEDONG's stake in Daedong Gear rises from 36.00% to 37.74%, taking 60% of allotted new shares.
Daedong Gear recorded a net loss of 4.7B won in 2025; proceeds from the offering are for facility and working capital.