[This Week's Paid-in Capital Increase] Public Offering Schedule for the Second Week of June

[Asia Economy Reporter Yoo Hyun-seok] In the second week of this month (June), Fantagio, Humax, and VIDI will conduct rights offering subscriptions.

◆Fantagio= Fantagio will conduct a subscription for existing shareholders until the 7th. Then, from the 9th to the 10th, a general public offering subscription will be held. Through this rights offering, a total of 250 million shares will be issued.

The issue price per share is 100 KRW, raising a total of 25 billion KRW. Of the raised funds, 13 billion KRW will be used for acquiring other company securities such as purchasing a drama production company. Additionally, 9.045 billion KRW will be used for nurturing boy and girl groups, and the remaining 2.955 billion KRW will be used as operating funds for the company.

Fantagio entered the KOSDAQ through a merger with Edu Company, a KOSDAQ-listed company, in 2014. It is a comprehensive entertainment company. Actors Ong Seong-ung and Lim Hyun-sung, as well as boy group ASTRO and girl group Weki Meki, are affiliated.

In the first quarter, on a consolidated basis, it recorded sales of 3.5 billion KRW and an operating loss of 65 million KRW. Compared to the same period last year, sales decreased by 42.51%, and operating profit turned to a loss.

◆Humax= Humax will conduct a subscription for existing shareholders from the 7th to the 9th. Then, from the 10th to the 11th, a general public offering will be held. Through the rights offering, 11 million shares will be issued.

The issue price per share is 3,640 KRW, raising a total of 40.4 billion KRW. Of the raised funds, 10.4 billion KRW will be used for debt repayment. Additionally, 30 billion KRW will be used as funds for acquiring other company securities to expand the mobile TV business.

Humax operates the gateway business, including Set-Top Boxes, Video Gateways, and Broadband Gateways. It currently has 19 overseas manufacturing and sales subsidiaries.

In the first quarter, on a consolidated basis, it recorded sales of 1.6665 trillion KRW and an operating loss of 7.3 billion KRW. Compared to the same period last year, sales decreased by 20.67%, and losses continued.

◆VIDI= VIDI will conduct a general public offering rights issue from the 8th to the 9th.

Through this rights offering, a total of 10 million shares will be issued. The fixed issue price is 4,570 KRW, raising a total of 45.7 billion KRW. Of the raised funds, 37.846 billion KRW will be used for debt repayment, and 10.954 billion KRW will be used for operating funds such as payment of unpaid subcontracting fees.

VIDI specializes in auxiliary equipment (BOP) for thermal power plants. Additionally, it expanded into the bio business by acquiring shares of Allison, a U.S. company specializing in anticancer drug development.

In the first quarter, on a consolidated basis, it recorded sales of 20.9 billion KRW and an operating loss of 163.38 million KRW. Compared to the same period last year, sales decreased by 69.53%, and operating profit turned to a loss.