SK Gas announces minor internal transaction change with affiliate SK On, no material impact on shareholder value
SK Gas disclosed a change in its product and service transaction with affiliate SK On due to a more than 20% increase in transaction amount compared to the initial estimate.
The revised total transaction amount is approximately 13.3 billion KRW, representing 0.33% of SK Gas's annual revenue of 4.0565 trillion KRW, making it a minor internal transaction.
This disclosure was pre-approved by the board as it was expected to qualify as a large-scale internal transaction, but it involves no share issuance or capital changes and is part of routine business operations.
[AI Summary]This internal transaction change between SK Gas and its affiliate SK On is minor with a revenue ratio of 0.33% and no direct impact on capital structure or shareholder value. Consequently, the effect on stock price or investment risk is limited.
KOSPI Filing Information
Change in Goods and Services Transactions with the Same Person and Affiliated Companies