Samyung ENC cancels 2,516,344 shares in 15.64% capital reduction

Bitget2026/09/30 02:54

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Samyung ENC set a capital reduction via cancellation of 2,516,344 common shares held by its largest shareholder and related parties.
Cancellation covers 80% of 3,145,428 shares owned by the controlling shareholder group; par value KRW 500 per share.
Share capital to fall to KRW 6.79 billion from KRW 8.05 billion; shares outstanding to drop to 13,577,494 from 16,093,838.
Capital reduction ratio set at 15.64%; record date set for Oct. 12, 2026; new shares slated to list on Dec. 4, 2026.
Restructuring plan also outlines debt-to-equity swap, a second capital reduction via share consolidation, then a third-party allocated rights offering.

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. Samyung ENC 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: 20260930000192), on September 30, 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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Samyung ENC cancels 2,516,344 shares in 15.64% capital reduction

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