Listed Companies Investing in Lime Fund Also Suffer Consecutive Investment Losses

[Asia Economy Reporter Koo Eun-mo] The suspension of redemptions in Lime Asset Management's funds has led to a series of investment losses for domestic listed companies that invested in Lime funds.

On the 26th, Nexen disclosed in its audit report that it invested 1.984 billion KRW in funds managed by Lime Asset Management and recorded an impairment loss of 992 million KRW, equivalent to 50%. The company added, "There is a possibility of additional losses depending on future evaluations," and stated, "Currently, dispute mediation for investor damage relief is scheduled, but at this time, it is not possible to reasonably predict the impact on our company."

Pharmaceutical company Myeongmun Pharmaceutical reported an impairment loss of approximately 2.9 billion KRW on financial investment products. The company explained, "Regarding the Lime Asset private equity fund of Woori Bank, the recovery possibility is uncertain, so the entire amount was reflected as an impairment loss."

Samsung Publishing invested 2 billion KRW in the Lime Trade Finance Fund and has currently recorded an impairment loss of 1 billion KRW. Boiler manufacturer Busta also invested 2 billion KRW in the Lime Pluto Fund, but the current book value has decreased to about 1.059 billion KRW.

Additionally, Samyoung Trading stated, "We have recorded a total loss of 200 million KRW on the Lime AI Star 1.5Y Private Investment Trust following the due diligence results notified by Lime Asset Management."