LIS, Loan Principal and Interest Delinquency Occurs

[Asia Economy Reporter Lee Jung-yoon] LIS disclosed on the 1st that a loan principal and interest delinquency has occurred.

The delinquent amount totals KRW 4,052,309,743, consisting of KRW 4,050,000,000 in loan principal and KRW 2,309,743 in interest. This corresponds to 12.34% of the company's equity capital.

The company stated, "The loan principal and interest delinquency occurred due to a shortage of operating funds," and added, "We plan to resolve the delinquency through fundraising."