WOORIM POWER TRAIN SOLUTION Co., Ltd. Largest shareholder HAN HYUN SEOK's group extends a share pledge; stake unchanged at 57.00%
WAI summary · Not investment advice
Largest shareholder HAN HYUN SEOK and 3 related parties kept their 57.00% stake in WOORIM POWER TRAIN SOLUTION Co., Ltd.; 293,954 shares remain pledged after a contract extension.
Total under contracts
293,954 shares
Total 2.18%
Key facts
- Stake
- 57.00%Previous 57.00% · 0.00%p
- Reporting holder
- HAN HYUN SEOK and 3 related parties
- Previous stake
- 57.00%
- Purpose of holding
- To influence management
- Relationship with issuer
- Largest shareholder
- Report type
- Amendment
- Reason for report
- Extension of a related party's share pledge
- Previous shares held
- 7,694,719 shares
- Shares held
- 7,694,719 shares
- Reason for amendment
- Extension of a related party's share pledge
- Previous shares under major contracts
- 293,954 shares
- Shares under major contracts
- 293,954 shares
- Reporting obligation date
- Oct 6, 2026
Commentary
AI commentary · Not investment advice
What happened
The group led by HAN HYUN SEOK, largest shareholder of WOORIM POWER TRAIN SOLUTION, reported that it extended a share pledge contract (a loan backed by shares). The pledger is a relative of Han who is a registered executive of the company. The number of shares held and pledged did not change.
In the company's terms
The stake held by Han and 3 related parties stayed at 57.00%. They hold 7,694,719 of the 13,500,000 voting shares. Of these, 293,954 shares (2.18%) are pledged for three loans from one securities firm. All carry 5.70% interest and a 160% maintenance ratio.
What changes for shareholders
The earliest contract ends on 2027.01.04. The others end on 2027.01.26 and 2027.03.02.
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