Busan Bank Seizes 137.9 Billion Won Claim – 25.24% of Equity
- Busan Bank obtained a court order to seize and collect claims from KUMYANG amounting to 137,918,423,060 won (25.24% of equity)
- The seizure is based on overdue loan principal and interest of 135,600,797,501 won as of Feb 20, 2026, plus delay damages
- KUMYANG plans to negotiate loan repayment terms and conditions with financial institutions
- Equity is based on 2023 year-end total capital due to audit opinion disclaimers for 2024 and 2025
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KOSPI Filing Information
- Filing: Judgment/Decision on Lawsuits, etc. (Claims of a Certain Amount or More)
- Company: KUMYANG (001570)
- Submission: KUMYANG CO.,LTD
- Receipt: 04-27-2026
- Under KRX KOSPI Market Division