HANCOM Decides to Sell Entire 26.08% Stake in Hancom Inspace to Secure Liquidity and Fund New Business Investments

HANCOM has decided to sell its entire stake of 3,094,234 shares in its affiliate Hancom Inspace, valued at approximately 31.9 billion KRW. This amount represents 6.43% of its equity and aims to secure liquidity and funds for new business investments.
The disposal is scheduled to close on June 19, 2026, and the board resolution was passed with full attendance of two outside directors. After the transaction, HANCOM's ownership in Hancom Inspace will be reduced to zero.
The cash inflow of about 31.9 billion KRW will strengthen HANCOM's financial flexibility, but the loss of Hancom Inspace's contribution to consolidated earnings could negatively impact the stock price.
[AI Summary]HANCOM sells its entire subsidiary stake for approximately 31.9 billion KRW to secure liquidity for new investments. While short-term cash position improves, the loss of future earnings from the subsidiary and lack of disclosed counterparty raise transparency concerns, potentially pressuring the stock price.