LS SECURITIES Files Annual Corporate Group Status Disclosure – Routine Report on Ownership and Financials, Limited Shareholder Value Impact
LS SECURITIES, a financial affiliate of the LS Group, reports total assets of 10.33 trillion KRW, total liabilities of 9.45 trillion KRW, and equity of 879.4 billion KRW, resulting in a debt ratio of 1,074.91%
Holds 5,075,498 treasury shares (9.15% of common stock) with a book value of 46.55 billion KRW; amended disclosure due to additional acquisition
Affiliate LS Networks is the largest shareholder with 33,830,364 common shares (60.98%), with total related-party ownership at 70.28%
Invested 21 billion KRW in LS Value-Up No.1 Private Investment Fund, representing a 28.38% stake
Recorded operating revenue of 2.295 trillion KRW, operating profit of 24.6 billion KRW, and net income of 23.4 billion KRW for FY2025
Board operates five committees including Audit and Risk Management; electronic voting system adopted with 2.60% exercise rate
No significant related-party transactions, circular shareholding, or special transactions with affiliated entities
[AI Summary]This is a routine annual disclosure of corporate group status by a large business group affiliate. Apart from the increase in treasury shares, there are no material changes, thus limited impact on short-term stock price. The high debt ratio is typical for the securities industry.
KOSDAQ Filing Information
Filing: [Correction of Description] Large Business Group Status Disclosure [Annual Disclosure and for 1st Quarter (Individual Company)]