Samyung Trading Completes Signing of Merger Agreement with Subsidiary SYT Ethanol, No Shareholder Value Impact

Samyung Trading submitted a correction disclosure on July 20, 2026, attaching the signed merger agreement for the absorption of its wholly-owned subsidiary SYT Ethanol, as resolved by the board on July 16, 2026.
The merger is a small-scale merger without new share issuance at a ratio of 1:0, resulting in no change in outstanding shares or capital, thus no dilution for existing shareholders.
No separate treasury stock acquisition or cancellation plans were disclosed, and the merger date remains September 21, 2026 as scheduled.
[AI Summary]Samyung Trading's absorption of its subsidiary is an administrative correction completing the contract signing process. With no new shares issued and negligible financial impact, the event is neutral for shareholder value.