LS Eco Energy said it has decided to acquire about 58% of GLOBAL SHRE METAL (GSHM), a newly established company in Vietnam, through a cash capital contribution of KRW 11.6 billion, and the expected acquisition date was revised from October 16, 2026 to October 30, 2026.

LS Eco Energy disclosed that it will acquire about 58% of its Vietnamese subsidiary GLOBAL SHRE METAL (GSHM) through a cash capital contribution. The acquisition amount is KRW 11.6 billion, and the company said the purpose is to pursue the samarium (Sm) metal business. This correction changes the expected acquisition date to October 30, 2026 due to a change in the schedule for paying in the capital contribution. The company said GSHM's capital and equity stake may change in part depending on local licensing and registration procedures.

1. 01

   The company said the reason for the correction is a change in the schedule for paying in the capital contribution, and the expected acquisition date has changed from October 16, 2026 to October 30, 2026.

2. 02

   The issuer, GLOBAL SHRE METAL (GSHM), is a Vietnamese subsidiary whose main business is the manufacture and sale of samarium (Sm) metal, a rare earth material.

3. 03

   The company said it plans to pay in the capital contribution in cash within 90 days of the issuance date of GSHM's first business registration certificate (ERC), and that the payment schedule may change depending on the progress of local licensing procedures.

4. 04

   The board resolution date was September 30, 2026, and the company said the purpose of the acquisition is to pursue the samarium (Sm) metal business.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Acquisition amount (KRW)

11,600,000,000 (KRW 11.6 billion)

Number of shares acquired

21,139,872

Ownership ratio (%)

58.0

Ratio to equity (%)

5.14

Capital stock (KRW)

20,000,000,000 (KRW 20 billion)

Expected acquisition date

October 30, 2026 (before correction: October 16, 2026)

Filing facts

Filing type

Investment

Report name

[Amended] Decision on Acquisition of Shares in Another Company

Filed

Oct 15, 2026

Receipt number

20261015800187