KGINICIS Amends Disclosure on K Car Capital Acquisition, Adjusts Expected Acquisition Date
KGINICIS submitted a correction disclosure to its acquisition of 100% of K Car Capital shares for approximately 200 billion KRW via its subsidiary KG Capital Holdings, changing the expected acquisition date to the date of full payment.
The previously stated expected date of June 30, 2026 has been removed, and it now clarifies that payment will occur within five business days after all closing conditions are met, with a further disclosure upon payment confirmation.
All other terms including the acquisition amount and structure remain unchanged; this amendment is an administrative procedure regarding schedule adjustment.
K Car Capital reported total assets of 745.6 billion KRW, revenue of 54.1 billion KRW, and net income of 13.1 billion KRW as of end-2025, reflecting a stable financial profile.
[AI Summary]KGINICIS amended its disclosure on the acquisition of K Car Capital to adjust the expected payment date to the completion of payment. This is an administrative schedule change with no impact on the acquisition terms or size, thus limited effect on the stock price. Long-term portfolio expansion into auto finance remains anticipated.
KOSDAQ Filing Information
[Correction of Description] Decision on Acquisition of Stocks and Equity Securities of Another Corporation (Major Management Matters of Subsidiary)