Guarantee of Subsidiary MEDSYSTEMS Brazil's Debt (Up to USD 22.8M)
- The company decided to guarantee up to USD 22.8 million (120% of USD 19 million) for subsidiary MEDSYSTEMS COMERCIO's borrowing from Banco Citibank S.A.
- Guarantee amount is approx. KRW 34.01 billion (at exchange rate 1,491.80 KRW/USD), representing 6.2% of equity (KRW 551.67 billion)
- Guarantee period is 1 year from execution date (end date 2027-05-31, start date not yet fixed)
- Board resolution on 2026-05-15 with all 3 outside directors present; audit committee exists
- Existing guarantees to subsidiaries: CLASSYS JAPAN KRW 565 million, MEDSYSTEMS CO S.A.S. KRW 1.79 billion, Enson KRW 130 million, totaling approx. KRW 36.5 billion
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KOSDAQ Filing Information
- Filing: Decision On Guarantee Of Debt For Others
- Company: CLASSYS (214150)
- Submission: CLASSYS Inc.
- Receipt: 05-15-2026
- Under KRX KOSDAQ Market Division