Base Increases Stake in Camus Engineering to 54.20% via Related Party Open Market Purchase and Pledge Contract Amendments
The combined stake of Base and its special relations in Camus Engineering increased from 53.71% to 54.20%, a 0.49 percentage point rise.
Special relation Kim Soo-min acquired 295,000 shares through open market purchases from July 14 to 16, 2026, newly included as a special relation.
Pledge contracts were amended: termination of a trust of 2,590,000 shares, release and re-pledge of 4,000,170 shares to Leading Ace Capital, and increase of pledged shares to Project Pino by 2,590,000 shares.
Total pledged shares under major contracts amount to 31,618,738 shares or 52.92% of outstanding, with high-interest loans, indicating financial strain.
[AI Summary]The slight increase in stake supports management stability, but the heavy pledge burden and high-interest debt pose negative risks to shareholder value. Although control is strengthened by adding a special relation, financial risk monitoring is warranted.
KOSPI Filing Information
Report on Large Shareholding (General)
Company: Camus Engineering & Construction (013700)