Seojin System raises pledged-share collateral amount to 253.1 billion won in loan extension correction

Bitget2026/10/12 06:44

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Seojin System corrected a disclosure on a share-pledge contract that could trigger a change in its largest shareholder.
Total pledge amount increased to KRW 253.1 billion from KRW 247.1 billion.
The amendment reflected an extension of a share-backed loan, resetting the contract date to Oct. 12, 2026.
A KB Securities pledge line rose to KRW 20 billion from KRW 14 billion, running from Oct. 12 to Dec. 30, 2026.
Largest shareholder Jeon Dong-gyu held 9,968,288 shares, or 15.64%; full enforcement would cut this to 4.40%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seojin System Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261012900369), on October 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Seojin System raises pledged-share collateral amount to 253.1 billion won in loan extension correction

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