Decision to Invest Approx. 6.77 Billion KRW in Vietnamese Subsidiary - for Land Use Rights and Operating Capital
- ABCO Electronics decides to invest approximately 6.77 billion KRW (USD 4.5 million) in cash into its Vietnamese wholly-owned subsidiary ABCO ELECTRONICS Vina Co., Ltd.
- Purpose of investment: acquiring land use rights and securing operating funds for the subsidiary's expansion.
- After the investment, ABCO Electronics maintains 100% ownership in the subsidiary.
- The investment amount is 5.80% of equity (equity: 116.73 billion KRW), representing a moderate level.
- The investment will be made in two installments: USD 2 million on June 4, 2026, and USD 2.5 million on July 8, 2026.
- The Vietnamese subsidiary's recent financials: net profit of 4.14 billion KRW in 2025, turning from a loss in the prior year, with total equity of 13.99 billion KRW.
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KOSDAQ Filing Information
- Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations (Voluntary Disclosure)
- Company: ABCO Electronics (036010)
- Submission: ABCO Electronics Co., Ltd.
- Receipt: 05-20-2026
- Under KRX KOSDAQ Market Division