TK CHEMICAL CORPORATION Largest shareholder extends share-pledged loan; related party fully repays pledged loan
TAI summary · Not investment advice
SM Industry's stake stayed at 47.89%, and shares under pledge contracts total 21,872,399.
Total under contracts
21,872,399 shares
Key facts
- Stake
- 47.89%
- Previous stake
- 47.89%
- Purpose of holding
- Influence on management control
- Report type
- Change
- Previous shares held
- 43,527,780 shares
- Shares held
- 43,527,780 shares
- Reason for amendment
- Extension of the largest shareholder SM Industry's share-pledged loan and repayment of special related party Woobang's share-pledged loan
Commentary
AI commentary · Not investment advice
What happened
TK Chemical's largest shareholder, SM Industries Co., Ltd., filed a amended report on its stake. Its share count did not change. Only the status of loans backed by shares changed.
In the company's terms
The report gives 2 reasons. SM Industries extended the term of its share-backed loan. Its related party Woobang Co., Ltd. (a party acting jointly with it) repaid its share-backed loan.
What changes for shareholders
The holding stayed at 43,527,780 shares, or 47.89%, both before and after. The stated purpose is influence over management control. Shares under pledge agreements total 21,872,399. Of these, 2,917,153 shares are SM Industries' pledge and 0 shares are Woobang's.
Earlier Report on Large Shareholdings filings from this company
| Filed | Reporting holder | Stake | Change |
|---|---|---|---|
| 26.11.122026.11.12 | — | 47.89% | 0.00%p |
| 26.10.222026.10.22 | SMINDUSTRY.CO.,LTD and 1 related party | 47.89% | 0.00%p |
| 26.10.152026.10.15 | SMINDUSTRY.CO.,LTD and 1 related party | 47.89% | 0.00%p |
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