Provides 13 Billion Won Collateral for Largest Shareholder's Largest Shareholder... Counterparty Reports Net Loss of 19.9 Billion Won
- Corrective disclosure due to change in creditors (Sangsangin Securities, Sangsangin Savings Bank, Sangsangin Plus Savings Bank)
- Provides collateral (land shares in Gangnam-gu, Seoul) for borrowing of 10 billion won by The E&M (largest shareholder's largest shareholder); collateral amount 13 billion won (31.5% of equity)
- Collateral period: 2026.05.08~2029.05.08
- The E&M's 2025 consolidated financials: Assets 118.1 billion won, Liabilities 62.8 billion won, Equity 55.3 billion won, Net loss 19.9 billion won, Unqualified audit opinion
- Company has past loan agreements (5 billion this year, 115 billion previous year) and asset purchase (10 billion) with The E&M
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KOSDAQ Filing Information
- Filing: [Correction of Description] Decision on Provision of Collateral to Others
- Company: Vessel (177350)
- Submission: Vessel Co., Ltd.
- Receipt: 04-29-2026
- Under KRX KOSDAQ Market Division