[eDisclosure Notice] 3S Decides on Third-Party Allocation Paid-in Capital Increase Worth 6.9 Billion KRW (Afternoon Summary)

[Asia Economy Reporter Lee Seon-ae] 3S announced on the 21st that it has decided to conduct a third-party allotment paid-in capital increase worth approximately 6.9 billion KRW to raise funds for facility capital and acquisition of securities of other corporations. The issuance target is Namuga Technologies (NAMUGATechnologies), and the new share issuance price is 2,874 KRW. The payment date is November 3, and the expected listing date of the new shares is November 23. Below are the major disclosures released in the afternoon of the same day.

▲ Dongsung Chemical - Decision to dispose of treasury shares worth 100 million KRW

▲ Melpas = Sued by Bokyung Housing Construction for 4.5 billion KRW in claims, which corresponds to 12.3% of its equity capital

▲ Hana 19th SPAC = SPAC merger with a compact camera module inspection equipment company, merger ratio is 1 to 0.4

▲ Abclon = Conducted revaluation of land located in Siheung, Gyeonggi-do and land and building assets located in Guro-gu, Seoul to improve financial structure

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