Iljin Power unit Goyang Green Energy posts KRW 50.7 billion share pledge for KRW 42.25 billion loan

Bitget2026/09/30 07:14

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Iljin Power to pledge its 76.72%-owned subsidiary Goyang Green Energy shares as collateral for the unit’s KRW 42.25 billion borrowing.
Collateral cap set at KRW 50.7 billion, equal to 33.52% of Iljin Power’s 2025 year-end consolidated equity.
Security covers 2,409,600 common shares of Goyang Green Energy; board decision dated Sept. 30, 2026.
Total outstanding collateral provided for other entities, including this pledge, stands at KRW 262.18 billion.

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. Iljin Power 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: 20260930900636), 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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Iljin Power unit Goyang Green Energy posts KRW 50.7 billion share pledge for KRW 42.25 billion loan

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