A subsidiary, Asia Park Hyundai Industrial Development, disclosed on October 29, 2026 its decision to provide collateral by granting a share pledge over shares of Jamsil MICE related to project financing loans.

The company said that its subsidiary, Asia Park Hyundai Industrial Development, decided to provide collateral by granting a share pledge over 21,845,824 shares of Jamsil MICE to the syndicate of lenders, including Shinhan Bank, and disclosed this on October 29, 2026. The company said this relates to the project financing loan agreement to raise funds for the Jamsil Sports and MICE complex private investment project. The company said the collateral period runs from October 30, 2026 to June 30, 2067, and that it set the last day of that period based on the expected month of maturity of the project financing loan.

1. 01

   The debtor is Jamsil MICE, and the creditors are the Jamsil MICE financing syndicate, including Shinhan Bank.

2. 02

   The collateral is a share pledge over 21,845,824 shares of Jamsil MICE, and the collateral amount is based on the par value of the shares (KRW 5,000).

3. 03

   The purpose of the collateral is to enter into a project financing loan agreement to raise funds for the Jamsil Sports and MICE complex private investment project.

4. 04

   The board resolution date is October 29, 2026, and the filing indicates that the company is a large corporation as "applicable."

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

Debt (borrowing) amount

KRW 4.8189 trillion

Collateral amount

KRW 109.2 billion

Equity

KRW 3.21 trillion

Equity ratio

3.4%

Collateral provided

21,845,824 shares of Jamsil MICE

Collateral period

October 30, 2026 ~ June 30, 2067

Filing facts

Filing type

Debt Guarantee or Loan

Report name

Debt Guarantee or Loan

Filed

Oct 29, 2026

Receipt number

20261029800135