ERCOHS Agricultural Corporation Co., Ltd. Largest shareholder group extends share pledge; 2,101,856 shares remain under contracts
EAI summary · Not investment advice
The 75.45% stake of Kim Seul-ki and related parties in ERCOHS Agricultural Corporation Co., Ltd. is unchanged; a share pledge was extended. Of 5,746,664 shares held, 2,101,856 are under contracts.
Total under contracts
2,101,856 shares
27.59%
Key facts
- Stake
- 75.45%Previous 75.45% · 0%p
- Reporting holder
- Kim Seul-ki and 6 related parties
- Previous stake
- 75.45%
- Purpose of holding
- Influence over management
- Relationship with issuer
- Largest shareholder
- Report type
- Change in details
- Reason for report
- Amendment of major contracts (extension and partial repayment)
- Previous shares held
- 5,746,664 shares
- Shares held
- 5,746,664 shares
- Reason for amendment
- Amendment of major contracts (extension and repayment)
- Previous shares under major contracts
- 2,101,856 shares27.59%
- Shares under major contracts
- 2,101,856 shares27.59%
- Reporting obligation date
- Oct 8, 2026
Commentary
AI commentary · Not investment advice
What happened
Kim Seul-ki, CEO and largest shareholder of ERCOHS, and related parties reported changes to share contracts. A related company extended to 2027.01.10 a pledge of 165,000 shares to a bank. The stated reason covers extension and partial repayment. No shares were traded.
In the company's terms
The stake is based on 7,616,983 voting shares and remains 75.45%. Shares under pledges and exchangeable bond contracts total 2,101,856, or 27.59%. Of these, 672,856 shares back KRW 10.0 billion of exchangeable bonds (bonds that can be swapped for shares) issued by that related company. Pledge interest rates range from 4.34% to 5.530%, and all collateral ratios are 120%.
What changes for shareholders
Two other bank pledges end on 2026.11.04 and 2026.11.28. The group said it exercises influence as the largest shareholder.
Earlier Report on Large Shareholdings filings from this company
| Filed | Reporting holder | Stake | Change |
|---|---|---|---|
| 26.11.102026.11.10 | — | 75.45% | 0.00%p |
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