[eDisclosure Notice] Samgi, Supply Contract Worth 127.8 Billion KRW and More (Afternoon Summary)

[Asia Economy Reporter Lee Seon-ae] Samgine announced on the 30th that it has signed a supply contract worth KRW 127,761,470,000 with Hyundai Transys for the ‘TMED-ⅡHEV Valve Body.’ This amount corresponds to 23.03% of its recent sales revenue. Below are the major disclosures released in the afternoon of the same day.

▲ Doosan Fuel Cell = Signed a supply contract for approximately KRW 60 billion worth of about 18MW fuel cell systems. The contract amount and counterparty will be disclosed after the confidentiality period ends for business confidentiality reasons.

▲ LIS = The Suwon District Court has decided to commence rehabilitation proceedings. The submission deadline for the rehabilitation plan is February 15 of next year

▲ Shindogiyeon = Signed a supply contract for MEA manufacturing equipment with Kolon Industries. The contract amount is KRW 5.2 billion, which corresponds to 13.06% of 2021 sales.

▲ AStory = Recognized an accounting derivative financial liability valuation loss of approximately KRW 5,345,680,000 due to a discrepancy between the convertible bond conversion price and the stock price as of the end of September.

▲ ITEC = Decided on a third-party allotment paid-in capital increase worth approximately KRW 3.82 billion to raise operating funds.

▲ iCraft = Changed to a sole CEO system under Seo Ik-su following the resignation of CEO Park Woo-jin due to personal reasons.

▲ Daeyu A-Tech = Adjusted the conversion price of the 28th bearer unsecured public convertible bonds (CB) from KRW 858 to KRW 742 due to a decline in market price.

▲ Vuno = Decided on a third-party allotment paid-in capital increase worth approximately KRW 10 billion to raise operating funds.

▲ Unison = Signed a contract with Omisan Wind Power for operation and maintenance. The contract amount is KRW 7.144 billion, which corresponds to 4.8% of 2021 sales.

▲ Ildong Holdings = Decided to issue the 1st bearer unsecured private placement convertible bonds worth KRW 30 billion.

▲ Geukdong Chemical = Decided to acquire land and buildings located in Ulju-gun, Ulsan Metropolitan City from Daehan Paper. The acquisition amount is KRW 45 billion, which corresponds to 13.98% of total assets.

▲ Izmedia = Withdrawn the decision for a third-party paid-in capital increase worth approximately KRW 6.5 billion resolved last May.

This content was produced with the assistance of AI translation services.