Alois Decides on Monetary Loan

Alois announced on the 20th that it has lent 5 billion won to its subsidiary, Korea Pile. This is an extension of the loan limit agreement signed on January 26, 2024.

This amount is equivalent to 12.4% of its equity capital. The interest rate is 4.6%. The loan period extends until January 25, 2028. The purpose of the monetary loan is to fund the factory equipment and facilities of the recipient company. As of now, the total outstanding loan balance stands at 18 billion won.