Seojin System Revises Largest Shareholder’s Borrowings Down to KRW 71.3 Billion

Bitget2026/10/30 08:12

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Seojin System’s Oct. 30, 2026, correction reduced total share-backed borrowing to KRW 71.3 billion from KRW 72.5 billion.
Total collateral value fell to KRW 251.78 billion from KRW 253.1 billion following partial repayment of a share-backed loan.
Collateral pledged to Korea Securities Finance decreased to KRW 5.28 billion from KRW 6.6 billion.
The collateral period was extended to April 30, 2027, from Oct. 30, 2026.
Full enforcement of the share pledges would reduce largest shareholder Jeon Dong-gyu’s stake to 4.4% from 15.64%.

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: 20261030900953), on October 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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Seojin System Revises Largest Shareholder’s Borrowings Down to KRW 71.3 Billion

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