This is an amended filing
KG DONGBUSTEEL CO., LTD. Correction: KG Mobility Platform share acquisition price set at KRW 394.4 billion
KAI summary · Not investment advice
The acquisition price for KG Mobility Platform shares was corrected to KRW 394.4 billion after final settlement.
Acquisition amount
KRW 394.4 billion
Key facts
- Payment terms
- Cash paymentDeposit on April 1, 2026; balance on August 31, 2026
- Board resolution date
- Jun 29, 2026
Commentary
AI commentary · Not investment advice
What happened
KG Steel corrected its earlier filing on buying 25,632,810 shares of KG Mobility Platform Co., Ltd. from Hahn & Co Auto Service Holdings LLC. The purchase price is KRW 394,355,055,353, paid in cash. The company says the aim is to diversify its business portfolio and secure future growth drivers. The correction reflects the final settlement of the price.
In the company's terms
The price equals 19.19% of KG Steel's equity (the company's net own capital). It equals 12.72% of total assets.
What changes for shareholders
After the deal, KG Steel will hold 52.50% of KG Mobility Platform. The share transfer is scheduled for August 31, 2026.
Earlier Material Event Report filings from this company
| Filed | Title | Key figure · Note |
|---|---|---|
| 26.10.152026.10.15 | Material Event Report | KRW 13.7 billion · 1,690 employees · employee compensation |
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