Largest Shareholder Hee-jun Lee Extends Pledge on 1.12M Shares (4.28%)... No Change in Ownership, Neutral Disclosure
As of report date (2026-06-02), largest shareholder Hee-jun Lee extended the maturity of share pledge contracts for 1,126,447 shares (4.28% of total) out of his 5,137,068 shares (19.52% stake)
Pledge details: 300,000 shares with Yuanta Securities (loan of 1 billion KRW, interest 6.5%, margin call at 200% collateral ratio) and 826,447 shares with Daishin Securities (loan of 1 billion KRW, interest 6.3%, margin call at 200%)
No change in total shares held (5,153,348 shares, 19.58%) or in holdings of special relations (Yoon Dong-uk and Jo Byung-chan)
This filing is a routine change report due to extension of existing pledge contracts, not for influencing management
[AI Summary]The extension of pledge contracts by largest shareholder Lee Hee-jun is a neutral disclosure with no change in ownership, but investors should monitor potential margin risk if share price declines significantly, as the 200% collateral maintenance ratio could trigger margin calls or forced liquidation