This is an amended filing
KG Eco Solution Co., Ltd. Acquisition of KG Mobility Platform shares corrected to KRW 394.4 billion
KAI summary · Not investment advice
KG Steel corrected the price for acquiring 25,632,810 shares of KG Mobility Platform to KRW 394,355,055,353 after final settlement.
Acquisition amount
KRW 394.4 billion
Key facts
- Counterparty
- HANCO Auto Service Holdings LLCNo relationship with the company
- Payment terms
- Cash paymentDown payment April 1, 2026; balance August 31, 2026
- Board resolution date
- Jun 29, 2026
Commentary
AI commentary · Not investment advice
What happened
KG Eco Solution's subsidiary KG Steel plans to buy 25,632,810 shares of KG Mobility Platform from HANNCO Auto Service Holdings LLC. The price is KRW 394.36 billion, paid in cash. This filing corrects the purchase amount. The company says the aim is to diversify its business portfolio and secure future growth drivers.
In the company's terms
The price equals 19.19% of KG Steel's equity. It equals 12.72% of KG Steel's total assets.
What changes for shareholders
The planned purchase date is August 31, 2026. After the deal, KG Steel's stake in KG Mobility Platform would be 52.50%.
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 · Subsidiary KG DONGBUSTEEL · 1,690 employees · employee compensation |
Show Korean comments
Comments
No comments yet
Comments from shareholders will appear here.
Get the next disclosure as an app alert
Get app alerts for new disclosures and stake changes on your watchlist