Extension of Debt Guarantee for Subsidiary GST Safety Textiles RO S.R.L (approx. 29.6 billion won)
- HS Hyosung Advanced Materials decided to guarantee debt of 29.58 billion won (approx. EUR 17 million) for the extension of existing loan of its affiliate GST Safety Textiles RO S.R.L.
- The guarantee amount is 3.58% of equity (826.5 billion won).
- GST Safety Textiles RO S.R.L financial status (2025): assets 159 billion won, liabilities 187.4 billion won, equity -28.3 billion won (capital impairment), net loss 2.6 billion won.
- Total debt guarantee balance is approx. 1.7 trillion won (including various affiliates).
- Board (management committee) resolution date: 2026-05-15.
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)
- Company: HS HYOSUNG (487570)
- Submission: HS HYOSUNG Corporation
- Receipt: 05-15-2026
- Under KRX KOSPI Market Division