[ePublic Notice Eye-catching] Kakao Affiliate "Discussing Compensation with SK C&C"

[Image source=Yonhap News]

[Asia Economy Reporter Ji Yeon-jin]

▲Kakao = It is judged that the financial impact on Kakao and its major subsidiaries' sales due to the Pangyo fire will be limited. Priority will be given to service normalization, after which discussions on compensation for losses of Kakao and its major subsidiaries will be held with SK C&C.

▲Samsung Engineering = Receipt of Letter of Award (LOA) for chemical plant construction project

▲Kakao Pay = It is judged that the financial impact on Kakao and its major subsidiaries' sales due to the Pangyo fire will be limited. Priority will be given to service normalization, after which discussions on compensation for losses of Kakao and its major subsidiaries will be held with SK C&C.

▲SoluM = Decision on a paid-in capital increase by shareholders amounting to 14.4 billion KRW; its subsidiary SoluM USA acquires 99.99% stake in Mexican real estate developer KPM for 14.4 billion KRW

▲Daishin Balance No.12 SPAC = Absorption merger with unlisted company Selbio Humantec

▲Kakao Games = It is judged that the financial impact on Kakao and its major subsidiaries' sales due to the Pangyo fire will be limited. Priority will be given to service normalization, after which discussions on compensation for losses of Kakao and its major subsidiaries will be held with SK C&C.