KoMiCo Decides to Guarantee 81.4 Billion Won Debt for New Subsidiary TaMiCo Zatec, Supporting European Expansion
KoMiCo's board resolved on July 13, 2026 to guarantee debt for its newly established subsidiary TaMiCo Zatec s.r.o. totaling 81.4 billion KRW, covering 120% of the subsidiary's debt of 67.8 billion KRW for operating and facility funds.
The total guarantee balance of KoMiCo increases to 577.1 billion KRW, approximately 22% of its equity capital.
The subsidiary, incorporated in February 2026 in the Czech Republic, has not yet commenced operations; the funds will be used for facility construction and working capital for semiconductor equipment parts cleaning and coating business.
[AI Summary]KoMiCo's decision to guarantee debt for a new European subsidiary supports expansion but adds contingent liability without operating history. No shareholder dilution occurs, but the guarantee amount is material at 4.8% of market cap.