Daishin Securities disclosed its plan to raise a total of KRW 19.9 billion through the 416th and 417th series of derivative-linked bonds. These bonds are linked to the 3-month Treasury bond rate and are not protected by the Depositor Protection Act, posing a risk of principal loss.
Daishin Securities is a top-tier securities company with a credit rating of AA-, net profit of KRW 474.1 billion in 2025, and equity of KRW 4.13 trillion. The company maintains a shareholder return policy with a common stock dividend of KRW 1,200 per share.
The company's risk management indicators show a total VaR of KRW 32.2 billion at 99% confidence level for one day, indicating stable risk control. The liquidity ratio stands at 127.6%, suggesting low liquidity risk. However, there are 15 pending lawsuits with a total claim amount of KRW 8.7 billion.
[AI Summary]Daishin Securities' issuance of derivative-linked bonds is a small-scale fundraising with no dilution impact on stock price. The company's solid financial structure and high credit rating ensure investment safety, but investors should be cautious as the product does not guarantee principal.
KOSPI Filing Information
Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)