Decision to Sell Self-Held Convertible Bonds of 1.5B KRW, Potential Dilution of 2.79%

Company decided to sell self-held convertible bonds worth 1.5B KRW to external parties. Buyers: Hong Joo-won (1B KRW), Beodeunamu Union (0.5B KRW).
Conversion price of 1,674 KRW is 21% above current price of 1,381 KRW, making immediate conversion unlikely, but if stock rises, up to 896,057 shares (2.79%) could be issued.
Sale purpose is for management objectives; specific use of funds not disclosed.
[AI Summary]The sale of self-held convertible bonds introduces potential dilution risk. Since the conversion price exceeds the current stock price, the immediate impact is minimal, but future conversion claims could dilute equity if the stock price rises. Investors should monitor the gap between stock price and conversion price.