Iljin Power unit Goyang Green Energy posts KRW 50.7 billion share pledge for KRW 42.25 billion loan
Bitget2026/09/30 07:14- Iljin Power to pledge its 76.72%-owned subsidiary Goyang Green Energy shares as collateral for the unit’s KRW 42.25 billion borrowing.
- Collateral cap set at KRW 50.7 billion, equal to 33.52% of Iljin Power’s 2025 year-end consolidated equity.
- Security covers 2,409,600 common shares of Goyang Green Energy; board decision dated Sept. 30, 2026.
- Total outstanding collateral provided for other entities, including this pledge, stands at KRW 262.18 billion.
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