Koramco The One REIT Approves Sale of Hana Securities Building for 813.2B KRW at Shareholders' Meeting... Declares 96 Won Dividend and Maintains High Payout Policy

At the regular shareholders' meeting, the sale of Hana Securities Building was approved with 99.9% in favor, finalizing the asset sale worth 813.2B KRW (excluding VAT)
Approval of 29th financial statements: Individual basis - total assets 511.1B KRW, liabilities 314.4B KRW, equity 196.6B KRW, net income 3.02B KRW, EPS 74 KRW
Cash dividend of 96 KRW per share declared (total dividend 3.90B KRW, dividend yield 1.0%), payout ratio 129% maintaining high dividend policy exceeding net income
Approval of director and auditor remuneration limits (99.8% in favor)
Expected large cash inflow from property sale, attention needed on potential special dividends or new investments
[AI Comprehensive Analysis]Approval of Hana Securities Building sale is positive for short-term stock price due to expected large gain over book value, but the key risk factor is the sustainability of asset management strategy and dividend policy post-sale