[eGongsi Notice] GS Selected as Preferred Negotiation Partner for Medit Acquisition, etc. (Morning Summary)

[Asia Economy Reporter Myung-hwan Lee] GS announced on the 25th that a consortium including itself was selected as the preferred negotiation partner on the 24th for the acquisition of Medit, a dental oral scanner company.

The company stated, "We plan to proceed with negotiations for the signing of the main contract," adding, "No specific details regarding the final acquisition have been confirmed." It also added, "We will re-disclose when specific details are confirmed or within one month."

Below are GS's disclosure and other major disclosures released during the morning trading session.

▲LIG Nex1 = Selected as the preferred negotiation partner for the 'Electronic Warfare Equipment-II System Development Project for Naval Vessels.' The contract is expected to be signed within this year.

▲SGC Energy = Preliminary consolidated operating profit for Q3 this year was 46.8 billion KRW, a 66% increase compared to the same period last year. Sales during the same period increased by 79.2% to 707.6 billion KRW.

▲Shinhan Financial Group = Preliminary consolidated operating profit for Q3 this year was 1.6661 trillion KRW, a 3.88% increase compared to the same period last year. Sales during the same period increased by 72.79% to 24.3233 trillion KRW.

▲Shinhan Financial Group = Subsidiary Shinhan Bank's preliminary consolidated operating profit for Q3 this year was 1.2359 trillion KRW, a 21.23% increase compared to the same period last year. Sales during the same period increased by 95.10% to 16.2933 trillion KRW.

▲Shinhan Financial Group = Subsidiary Shinhan Card's preliminary consolidated operating profit for Q3 this year was 196.446 billion KRW, a 13.65% decrease compared to the same period last year. Sales during the same period increased by 30.92% to 1.5325 trillion KRW.

▲Shinhan Financial Group = Subsidiary Shinhan Life's preliminary consolidated operating profit for Q3 this year was 114.18 billion KRW, an 11.65% decrease compared to the same period last year. Sales during the same period increased by 10.19% to 2.5252 trillion KRW.

▲Brand X Corporation = Decided to cancel 305,827 shares of treasury stock previously acquired. The expected cancellation amount is 3.362 billion KRW.

▲Deutsche Motors = Preliminary consolidated operating profit for Q3 this year was 14.76 billion KRW, a 4.5% increase compared to the same period last year.

▲SGC E-Tech Construction = Preliminary consolidated operating profit for Q3 this year was 9.23 billion KRW, a 32.42% decrease compared to the same period last year.

▲BH = Preliminary consolidated operating profit for Q3 this year was 59.029 billion KRW, a 35.04% increase compared to the same period last year.

▲Wanted Lab = Preliminary consolidated operating profit for Q3 this year was 2.15 billion KRW, a 16.63% decrease compared to the same period last year.

▲DKT = Preliminary consolidated operating profit for Q3 this year was 6.034 billion KRW, a 5.8% decrease compared to the same period last year.

▲Asta = Signed an LDI-TOF MS supply contract worth 647.64 million KRW with LG Display.

▲Mediana = Preliminary consolidated operating profit for Q3 this year was 2.8 billion KRW, a 177.5% increase compared to the same period last year.