[eDisclosure Notice] Iljin Materials "Considering Stake Sale and Other Options, No Confirmations Yet" etc. (Afternoon Summary)

[Asia Economy Reporter Kwon Jaehee] Iljin Materials announced regarding some media reports on sale promotion, "The largest shareholder has selected a sale lead manager and is conducting various strategic reviews, including promoting share sales to some potential buyers," adding, "Nothing has been specifically decided or finalized yet." The following are the major disclosures released this afternoon.

▲ Hyundai Department Store = Holding an investor relations (IR) meeting for domestic institutional investors at 9 a.m. on the 28th.

▲ Daewoo Shipbuilding & Marine Engineering = Received an order for two LNG carriers worth 595.9 billion KRW from shipowners in the Oceania region. The contract period is from September 21, 2022, to July 16, 2026.

▲ KakaoBank = Holding an investor relations (IR) meeting for overseas institutional investors in Europe on the 26th.

▲ Ewha Construction = Terminated the contract for the construction of a refrigerated and frozen logistics center in Juksan-myeon, Anseong City, with GL Co., Ltd. The termination amount is approximately 30.58111 billion KRW, which corresponds to 15.69% of the 2021 sales.

▲ SBW Life Science = The Korea Exchange requested a disclosure inquiry regarding a large-scale paid-in capital increase for acquiring another company and rumors of management rights transfer. The deadline for response is by 12 p.m. on September 23.

▲ Ewha Construction = Signed a contract for the construction of a Wonju factory worth 33.15 billion KRW with RF Bio Co., Ltd. This corresponds to 17.01% of the 2021 sales.

▲ Ray = The head office location has changed from 332-7, Samsung 1-ro, Hwaseong-si, Gyeonggi-do to 221, Pangyo Station-ro, Bundang-gu, Seongnam-si, Gyeonggi-do. "This is for factory relocation, improvement of management environment, and enhancement of work efficiency."

▲ SBW Life Science = In response to the Korea Exchange's disclosure inquiry, stated, "Due diligence is underway for strategic investment in another company," and "Various funding methods, including third-party allotment paid-in capital increase, are being considered, which may result in a change of the largest shareholder." However, "No specific matters have been finalized yet, and a re-disclosure is planned within one month or when specific details are confirmed."