Debt Guarantee of 21 Billion KRW Extended to September 2026
- Correction date 2026-05-20, debt guarantee period extended by 4 months from 2025-05-29~2026-05-29 to 2025-05-29~2026-09-29
- Reason: Delay in registration of ownership transfer of real estate in Pungsan-dong, Hanam-si, leading to extension of asset acquisition contract closing date to 2026-03-13
- Guarantee target: Ssrimoon Development Co., Ltd. (real estate, 2024 equity capital -6.88 billion KRW, net loss -2.19 billion KRW), creditors are 5 Nonghyup branches
- Guarantee amount: 21 billion KRW (40.92% of equity capital 51.3 billion KRW), 120% of loan amount 17.5 billion KRW
- This guarantee is for the loan on the real estate (588-4 Pungsan-dong, Hanam-si) that the company is acquiring; upon contract closing, the company will assume the debt
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KOSDAQ Filing Information
- Filing: [Correction of Description] Decision on Debt Guarantee for Others
- Company: Exion Group (069920)
- Submission: Exion Group Company Limited
- Receipt: 05-20-2026
- Under KRX KOSDAQ Market Division