Debt-to-Equity Conversion of 30 Billion Won in Subsidiary Krisvalley, Securing 100% Stake
- Acquisition of shares in other corporation: Acquired 10,486 common shares of subsidiary Krisvalley (acquisition amount 30 billion won) via debt-to-equity conversion, achieving 100% ownership.
- Purpose: Improve subsidiary's financial structure (resolve capital impairment and reduce debt ratio).
- Krisvalley financial status (2025): Total assets 166.9 billion won, total liabilities 167.2 billion won, total equity -2.35 billion won, net loss 10.79 billion won (loss widened from 2.62 billion won in prior year).
- Acquisition funding: 7.1% of parent's equity (423.2 billion won), executed as debt-to-equity without cash outflow.
- No change in ultimate parent: After acquisition, parent company KrisF&N retains 100% ownership of the subsidiary.
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KOSDAQ Filing Information
- Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations
- Company: Creas F&C (110790)
- Submission: Creas F&C Co., Ltd
- Receipt: 05-06-2026
- Under KRX KOSDAQ Market Division