iamthe walrus
2 days ago
New filing today at KIB PLUG Energy .They use their old name in the filing Company Name: DKME Co., Ltd.before they changed it to KIB , Who is Creditor: JeonOO ?? And why is the debtor who is , " Debtor: KIB Plug Energy Co., Ltd. " prohibiting the issuance of these shares ?? Any thoughts
Report on Major Issues/Reporting Obligations to the KRX
Financial Services Commission / Korea Exchange April 21, 2025
Company Name: DKME Co., Ltd.
Representative Directors: Kim Seon-gi, Baek Seung-ryun
Head Office Address: 260-37, Cheoyong-ro, Nam-gu, Ulsan
(Tel) 052-278-9000
(Website) http://www.kibplugenergy.com
Writer: (Position) Head of Strategic Planning and Finance Division
(Name) Park Sang-jun
(Tel) 052-278-9000
Lawsuit Filing, etc.
1. Case name: Provisional injunction to prohibit issuance of new shares (2025KaHap 394)
2. Plaintiff (claimant) JeonOO
3. Details of claims
Creditor: JeonOO
Creditor's attorney: Taecheong Law Firm
Debtor: KIB Plug Energy Co., Ltd.
[Purpose of application]
1. The debtor prohibits the issuance of 20,000,000 shares of common stock with a registered par value (KRW 500) currently being prepared for issuance, scheduled for payment on April 23, 2025, based on the resolution of the board of directors on April 15, 2025.
2. The debtor shall bear the litigation costs. We seek a judgment.
4. Competent court: Ulsan District Court
5. Actions to be taken We will respond in accordance with legal procedures. 6. Date of filing 2025.04.17
7. Confirmation date 2025.04.21
8. Other matters to be factored into investment decisions
- The above '6. Date of filing' is the date the applicant filed the application with the court.
- If there are any future progress or confirmed facts, we plan to disclose the relevant matters.
- Related disclosure 2025.04.15 Key Matters Report (Paid-in Capital Increase Decision)
Send feedback
iamthe walrus
6 days ago
New filing today about Kib Plug Energy getting back on the KRX stock market in Korea . This could happen fairly quick as its allows for responses to be made as worded here , 1st within 7 days , second response within 15 days 3rd within 7 days . So if they dont drag it out to the max number of days in each responce time period they could have their decision fairly soon .
Notice on Other Matters (Disclosure of KRX)
1. Title KIB Plug Energy Co., Ltd. End of Improvement Period and Future Procedures
2. Details The company was granted an improvement period until April 17, 2025 after deliberation by the Corporate Review Committee on January 17, 2025. Pursuant to Article 51, Paragraph 5 of the Enforcement Rules of the Listing Regulations of the Korea Exchange, the company must submit related documents, including an improvement plan implementation report, within 7 days (based on business days) after the end of the improvement period (limited to April 28, 2025) to request deliberation on whether the improvement plan has been implemented.
The Korea Exchange will convene the Corporate Review Committee within 15 days (based on business days) from the date of the deliberation request to deliberate on whether the improvement plan has been implemented and whether listing eligibility has been maintained, and will decide on delisting within 7 days from the deliberation date.
(Korea Exchange)
3. Other references useful for making investment decisions -
? Title and date of other disclosure related to this one 2025-01-17 Other Market Guide (Decision on Granting Improvement Period)
2024-12-18 Other Market Guide (Decision on Subject of Review by Corporate Review Committee)
2024-11-27 Other Market Guide (Occurrence of Reasons for Substantive Review of Listing Eligibility)
iamthe walrus
1 week ago
Kib Plug will use these shares for several reasons . So will Coretec or our subsidiary Core Optics LLC in Korea or Core Optics in general or be involved as a target company in these transactions ?? Im thinking CRTG will be included in these transactions somehow.
1. Class and number of new shares Common stock (shrs.) 20,000,000
Different classes of stocks (shrs.) -
2. Par value per share (KRW) 500
3. Total number of shares issued before capital increase (shrs.) Common stock (shrs.) 236,981,544
Different classes of stocks (shrs.) -
4. Purpose of funding Facility investment (KRW) -
Business acquisition (KRW) -
Operating capital (KRW) 10,000,000,000
Debt repayment (KRW) -
Acquisition of securities issued by other corporations (KRW) -
Other purposes (KRW) -
5. Capital increase method Capital increase by third-party allotment
? Matters related to other stocks
Capital increase method Capital increase by third-party allotment
Example : https://www.modec.com/news/assets/pdf/20230428_ir_capital_en.pdf
AI Overview
Learn more
A capital increase through third-party allotment involves a company issuing new shares to a specific entity (the third party) rather than offering them to the public or existing shareholders. This method is a way for a company to raise capital by selling new shares to a targeted investor, like a strategic partner or venture capitalist.
Here's a more detailed explanation:
What it is:
Third-party allotment:
A company determines which specific parties will receive newly issued shares.
Non-public offering:
Unlike a public offering where shares are offered to the general public, third-party allotment targets a specific investor.
Board of directors' discretion:
The board of directors can determine the recipients of the shares, giving them flexibility in selecting strategic investors.
Why use it?
Strategic partnerships:
A company might issue shares to a potential partner to create a strategic alliance.
Raising capital:
The capital raised can be used for business expansion, debt repayment, or other strategic goals.
Targeted investment:
The company can attract specific investments from parties with expertise or resources that could benefit the business.
Example:
Company A issues new shares to Company B, a strategic partner, in exchange for a cash payment.
This investment strengthens the relationship between the two companies and provides Company A with additional capital for growth.
iamthe walrus
1 week ago
Part 2 of second Kib Plug Filing today
1) Basis for Calculating the Issue Price of New Stocks
- Pursuant to Article 5-18, Paragraph 2 of the βRegulations on Issuance and Disclosure of Securities,β the issue price of new stocks shall be the lower price among the weighted arithmetic average stock price for the past one month, the weighted arithmetic average stock price for one week, and the weighted arithmetic average stock price for the most recent day, with the day before the board of directorsβ resolution as the base date, and the weighted arithmetic average stock price for the most recent day. However, our company has been suspended from trading stocks on the stock market (Korea Exchange) since November 27, 2024 due to the occurrence of grounds for substantive examination of listing eligibility.
- Accordingly, since the issuance price of paid-in capital increase according to Article 5-18, Paragraph 2 of the βRegulations on the Issuance and Disclosure of Securitiesβ cannot be calculated, we considered calculating the reference stock price by considering the stock prices and market conditions of the company and other listed corporations with reference to Article 5-18, Paragraph 3 of the βRegulations on the Issuance and Disclosure of Securities,β but we could not find a comparable subject suitable for our company, and even if there was a comparable subject, it was ambiguous to apply the paid-in capital increase issuance price by calculating the stock price considering the market conditions, so we calculated the issuance price by requesting an evaluation from an external appraisal agency (accounting firm) as an alternative method. - According to the 'KIB Plug Energy (Co., Ltd.) Stock Value Evaluation Report' by Hanbit Accounting Corporation, an external evaluation agency, as of April 11, 2025, the stock value per share of the company being evaluated as of the evaluation reference date was calculated to be KRW 518, and the paid-in capital increase price per share was KRW 500, and there was no basis found to determine that it was inappropriate in terms of importance.
2) Matters related to protective custody
- The new shares issued through this paid-in capital increase will be deposited with the Korea Securities Depository in accordance with the implementation of the exclusive sale restriction measure under Article 2-2, Paragraph 2, Item 1 of the 'Regulations on Issuance and Disclosure of Securities, etc.', and the withdrawal or sale of the relevant securities will be restricted for 3 years from the date of deposit (including reservation of trading, etc.).
3) Other matters
- The schedule and content of the paid-in capital increase above may be changed in accordance with the consultation of the relevant organizations.
- Other incidental matters regarding the issuance of new shares will be delegated to the CEO.
βΆIf a listed company intends to issue a stock that is not priced in the stock market, please provide the following information:
(Unit: KRW, %)
Details of the trading suspension Method for evaluating the base stock price Increase/Decrease ratio compared to closing price (%) (B-A)/A*100 External valuation
Suspension date of transactions Last closing price before the trading suspension (A) Assessment method Valuation amount (B) If implemented Valuation institution
2024.11.27 515 Discounted cash flow method 518 0.58 Performed by Hanbit Accounting Corporation
- - - -
βΆβΆIf the base stock price valuation is performed through an external valuation agency, please provide the following:
(Unit: KRW)
Assessment method Valuation institution Assessment date Calculation method Valuation amount Major assumptions Basis for establishing assumptions
Discounted cash flow method Hanbit Accounting Corporation 2025.04.11 The company's surplus cash flow and After the estimation period, the residual value is estimated and discounted by the weighted average cost of capital to calculate the current company value. 518 When estimating the operating value, the FCFF method is used to estimate the cash flow attributable to the company, and therefore the discount rate is also a generally accepted impairment assessment methodology that uses the weighted average cost of capital. For the estimation, the project's business strategy, financial strategy, and various ratio analyses of past data, market outlook data, macroeconomic indicators, etc. are reflected.
Basis, Purpose, etc. of Third-party Allotment?
Basis in articles of incorporation on third-party allotment Purpose of capital increase by third-party allotment
Article 9 (New Stock Subscription Rights)
1. The shareholders of this company have the right to be allocated new stocks in proportion to the number of stocks they own when issuing new stocks.
2. Notwithstanding the provisions of Paragraph 1, in order to achieve the company's management objectives such as introduction of new technology and improvement of financial structure, new stocks may be allocated to persons other than shareholders by resolution of the board of directors in the following cases. 1) When new stocks are raised or acquired by an underwriter in accordance with the provisions of the Capital Market and Financial Investment Business Act
2) When new stocks are issued in the form of a general public offering by a resolution of the board of directors in accordance with the provisions of the Capital Market and Financial Investment Business Act
3) When new stocks are preferentially allocated to our employee stock ownership association members in accordance with the provisions of the Capital Market and Financial Investment Business Act
4) When new stocks are issued by exercising stock purchase options in accordance with the provisions of the Commercial Act
5) When new stocks are issued by issuing depository receipts (DRs) in accordance with the provisions of the Capital Market and Financial Investment Business Act
iamthe walrus
1 week ago
Report on Major Issues/Reporting Obligations to the KRX ( new Kib Plug Energy filing today part 1 )
Financial Services Commission / Korea Exchange Dear April 15, 2025
Company Name: DKME Co., Ltd. ( Kib Plug Energy older name , used to be CURO not sure why its being used here )
https://www.youtube.com/watch?v=negsyLljhJQ
Representative Director: Kim Seon-gi ( Coretec Director ) , Baek Seung-ryun
Head Office Address: 260-37 Cheoyong-ro, Nam-gu, Ulsan
(Tel) 052-278-9000
(Website) http://www.kibplugenergy.com
Writer: (Position) Head of Strategic Planning and Finance Division (Name) Park Sang-jun
(Tel) 052-278-9000
Decision on Paid-In Capital Increase
1. Class and number of new shares Common stock (shrs.) 20,000,000
Different classes of stocks (shrs.) -
2. Par value per share (KRW) 500
3. Total number of shares issued before capital increase (shrs.) Common stock (shrs.) 236,981,544
Different classes of stocks (shrs.) -
4. Purpose of funding Facility investment (KRW) -
Business acquisition (KRW) -
Operating capital (KRW) 10,000,000,000
Debt repayment (KRW) -
Acquisition of securities issued by other corporations (KRW) -
Other purposes (KRW) -
5. Capital increase method Capital increase by third-party allotment
? Matters related to other stocks
Basis in articles of incorporation -
Details of stocks -
Others -
6. Issuing price of new shares Common stock (KRW) 500
Different classes of stocks (KRW) -
7. Base stock price Common stock (KRW) 518
Different classes of stocks (KRW) -
7-1. Base stock price calculation method Appraised value of stocks without an established market price
7-2. Discount or premium ratio to the base stock price (%) 3.6
7-3. Basis for the calculation of the discount ratio (Premium ratio) Provisions of Article 5-18, Paragraph 1 of the Regulations on Issuance and Public Announcement of Securities, etc.
8. Basis in articles of incorporation on third-party allotment Article 9 (New stock preemptive rights)
9. Payment date 2025.04.23
10. Record date for dividend on new shares 2025.01.01
11. Scheduled delivery date of new share certificates 2025.05.16
12. Scheduled listing date of new shares 2025.05.16
13. Whether deemed a backdoor listing caused by contribution in kind No
-Whether there is in kind contributions No
- Whether there are shares of stock-unlisted corporations among contribution in kind N/A
- Value of investment in kind for shares to be paid Value in kind contribution (KRW) -
Ratio to the companyβs total assets in the latest fiscal year (%) -
- Total number of shares to be paid -
14. Whether satisfying backdoor listing requirements N/A
15. Board resolution date (decision date) 2025.04.15
- Attendance of outside directors Present (No.) 3
Absent (No.) 1
- Attendance of auditors (members of Audit Committee) Present
16. Whether subject to file securities registration statement No
17. Reasons for exemption from filing securities registration statement, if exempted 3-year custody for newly issued shares
18. Short selling transaction period during which subscriptions are prohibited Whether applicable No
Start date -
End date -
19. Whether subject to the Fair Trade Commission reporting requirements Non-applicable
20. Other matters to be factored into investment decisions
1) Basis for calculating the issuance price of new shares
- The issuance price of new shares is calculated based on Article 5-18, Paragraph 2 of the "Regulations on Issuance and Disclosure of Securities", and the date prior to the board of directors' resolution date is used as the starting date for the past one month. The lower price among the weighted arithmetic average stock price, the weighted arithmetic average stock price for one week, and the weighted arithmetic average stock price for the most recent day, and the weighted arithmetic average stock price for the most recent day should be used as the reference stock price. However, our company has been suspended from trading in stocks on the stock market (Korea Exchange) since November 27, 2024 due to the occurrence of a reason for substantive examination of listing eligibility. - Accordingly, since the issuance price of paid-in capital increase according to Article 5-18, Paragraph 2 of the βRegulations on the Issuance and Disclosure of Securitiesβ cannot be calculated, we considered calculating the reference stock price by considering the stock prices and market conditions of the company and other listed corporations with reference to Article 5-18, Paragraph 3 of the βRegulations on the Issuance and Disclosure of Securities,β but we could not find a comparable subject suitable for our company, and even if there was a comparable subject, it was ambiguous to apply the paid-in capital increase issuance price by calculating the stock price considering the market conditions, so we calculated the issuance price by requesting an evaluation from an external appraisal agency (accounting firm) as an alternative method. - According to the 'KIB Plug Energy (Co., Ltd.) Stock Value Evaluation Report' by Hanbit Accounting Corporation, an external evaluation agency, as of April 11, 2025, the stock value per share of the company being evaluated as of the evaluation reference date was calculated to be KRW 518, and the paid-in capital increase price per share was KRW 500, and there was no basis found to determine that it was inappropriate in terms of importance.
2) Matters related to protective custody
- The new shares issued through this paid-in capital increase will be deposited with the Korea Securities Depository in accordance with the implementation of the exclusive sale restriction measure under Article 2-2, Paragraph 2, Item 1 of the 'Regulations on Issuance and Disclosure of Securities, etc.', and the withdrawal or sale of the relevant securities will be restricted for 3 years from the date of deposit (including reservation of trading, etc.).
3) Other matters
- The schedule and content of the paid-in capital increase above may be changed in accordance with the consultation of the relevant organizations.
- Other incidental matters regarding the issuance of new shares will be delegated to the CEO.
βΆIf a listed company intends to issue a stock that is not priced in the stock market, please provide the following information:
(Unit: KRW, %)
Details of the trading suspension Method for evaluating the base stock price Increase/Decrease ratio compared to closing price (%) (B-A)/A*100 External valuation
Suspension date of transactions Last closing price before the trading suspension (A) Assessment method Valuation amount (B) If implemented Valuation institution
2024.11.27 515 Discounted cash flow method 518 0.58 Performed by Hanbit Accounting Corporation
- - - -
βΆβΆIf the base stock price valuation is performed through an external valuation agency, please provide the following:
(Unit: KRW)
Assessment method Valuation institution Assessment date Calculation method Valuation amount Major assumptions Basis for establishing assumptions
Discounted cash flow method Hanbit Accounting Corporation 2025.04.11 The company's surplus cash flow and After the estimation period, the residual value is estimated and discounted by the weighted average cost of capital to calculate the current company value. 518 When estimating the operating value, the FCFF method is used to estimate the cash flow attributable to the company, and therefore the discount rate is also a generally accepted impairment assessment methodology that uses the weighted average cost of capital. For the estimation, the project's business strategy, financial strategy, and various ratio analyses of past data, market outlook data, macroeconomic indicators, etc. are reflected.
?Basis, Purpose, etc. of Third-party Allotment?
Basis in articles of incorporation on third-party allotment Purpose of capital increase by third-party allotment
Article 9 (New Stock Subscription Rights)
1. The shareholders of this company have the right to receive new stocks in proportion to the number of shares they own when issuing new stocks.
2. Notwithstanding the provisions of Paragraph 1, in the following cases, in order to achieve the company's management objectives such as introduction of new technology and improvement of financial structure, the board of directors may grant new stocks to persons other than shareholders.
Part 1 of second filing
Decision on Paid-In Capital Increase
1. Class and number of new shares Common stock (shrs.) 20,000,000
Different classes of stocks (shrs.) -
2. Par value per share (KRW) 500
3. Total number of shares issued before capital increase (shrs.) Common stock (shrs.) 236,981,544
Different classes of stocks (shrs.) -
4. Purpose of funding Facility investment (KRW) -
Business acquisition (KRW) -
Operating capital (KRW) 10,000,000,000
Debt repayment (KRW) -
Acquisition of securities issued by other corporations (KRW) -
Other purposes (KRW) -
5. Capital increase method Capital increase by third-party allotment
? ????? ?? ??
Basis in articles of incorporation -
Details of stocks -
Others -
6. Issuing price of new shares Common stock (KRW) 500
Different classes of stocks (KRW) -
7. Base stock price Common stock (KRW) 518
Different classes of stocks (KRW) -
7-1. Base stock price calculation method Appraised value of stocks without an established market price
7-2. Discount or premium ratio to the base stock price (%) 3.6
7-3. Basis for the calculation of the discount ratio (Premium ratio) ??? ?? ? ?? ?? ?? ???5-18??1?? ??
8. Basis in articles of incorporation on third-party allotment ?9?(?????)
9. Payment date 2025.04.23
10. Record date for dividend on new shares 2025.01.01
11. Scheduled delivery date of new share certificates 2025.05.16
12. Scheduled listing date of new shares 2025.05.16
13. Whether deemed a backdoor listing caused by contribution in kind No
- Whether there is in kind contributions No
- Whether there are shares of stock-unlisted corporations among contribution in kind N/A
- Value of investment in kind for shares to be paid Value in kind contribution (KRW) -
Ratio to the companyβs total assets in the latest fiscal year (%) -
- Total number of shares to be paid -
14. Whether satisfying backdoor listing requirements N/A
15. Board resolution date (decision date) 2025.04.15
- Attendance of outside directors Present (No.) 3
Absent (No.) 1
- Attendance of auditors (members of Audit Committee) Present
16. Whether subject to file securities registration statement No
17. Reasons for exemption from filing securities registration statement, if exempted ????? ??? 3?? ????
18. Short selling transaction period during which subscriptions are prohibited Whether applicable No
Start date -
End date -
19. Whether subject to the Fair Trade Commission reporting requirements Non-applicable
20. Other matters to be factored into investment decisions
iamthe walrus
2 weeks ago
Report on the Grant of Stock Options
Financial Services Commission/Korea Exchange Precious
April 7, 2025
Company Name: KIB Plug Energy Co., Ltd. (DKME Co., Ltd.)
Representatives: Kim Seon-gi, Baek Seung-ryun. ( Kim Seon-g Coretec board member)
Head Office Address: 260-37, Cheoyong-ro, Nam-gu, Ulsan
(Tel) 052-278-9000
(Website) http://www.kibplugenergy.com
Writer: (Position) Managing Director (Name) Park Sang-jun
Grant of Stock Options
1. Number of recipients (persons) Director, auditor or employee of the listed company 154
Director, auditor or employee of a related company -
2. Number of shares granted (shrs.) Common stock 13,865,000
Different classes of stocks -
3. Exercise conditions Exercise period Start date 2027.04.07
End date 2033.04.06
Exercise price (KRW) Common stock 518
Different classes of stocks -
4. Grant method Grant of new shares, Grant of treasury stock
5. Grant resolution body general shareholdersβ meeting
6. Grant date 2025.04.07
7. Basis for grant Article 9-3 of the Articles of Incorporation (Stock Purchase Options)
8. Total grant after current grant (shrs.) Common stock 13,965,000
Different classes of stocks -
9. Board resolution date (If board resolution is granted) -
- Attendance of outside directors Present (No.) -
Absent (No.) -
- Attendance of auditors (members of Audit Committee) -
10. Other matters to consider when making investment decisions
A. Purpose of granting
- To reward executives and employees who have contributed or are likely to contribute to the company's management and to pursue the company's mid- to long-term management goals as part of a program to achieve them.
B. Exercise period
- Within 6 years from the date of granting (April 7, 2027 ~ April 6, 2033). The stock purchase option will expire after the same period.
D. Exercise Price
- The exercise price of the above 3 clauses shall be calculated as the higher price among the arithmetic average of the trading volume weighted averages for 2 months, 1 month, and 1 week prior to the general shareholders' meeting and the par value. However, due to the fact that our company is currently subject to a substantive examination of listing eligibility, trading has been suspended since November 27, 2024, and there is no fair stock price or market price formed in the stock market. Therefore, our company has requested an external evaluation agency to evaluate the stock and calculated the exercise price with reference to the results.
Ra. Granting Method
- At the time of exercising the stock purchase option, the method of issuing new shares or issuing treasury shares shall be determined by the company at the time of exercise.
Ma. Adjustment of exercise price and quantity
- In case of changes in stock value due to paid-in capital increase, free capital increase, stock dividend, stock par value split, or merger or consolidation after the date of stock purchase option granting, the exercise price and quantity may be adjusted by the stock purchase option granting agreement or board of directors resolution.
B. Other
- Matters related to granting stock options other than the above shall be governed by relevant laws, articles of incorporation, and stock option grant agreements, etc.
- The above matters were approved at the regular shareholders' meeting held on April 7, 2025
[ Details of Grant per Recipient ]
Name of recipient Relationship Stock granted (shrs.) Fair value Note
Common stock Different classes of stocks
Kim Seon-gi Executive 1,200,000 - 256 - ( Coretec board member )
Baek Seung-ryun Executive 1,000,000 - 256 -
Baek Yeong-gi Executive 700,000 - 256 -
Lee Ji-young Executive 500,000 - 256 -
Yoon Chang-an Executive 300,000 - 256 -
Jin Woo-yeon Executive 300,000 - 256 -
Park Sang-jun Executive 300,000 - 256 -
Kim Jeong-hoon Executives 250,000 - 256 -
Eom Hong-jin Executives 250,000 - 256 -
Kim Dong-hoon Executives 250,000 - 256 -
??? and 143 other employees 8,815,000 - 256 -
? Fair value calculation method and major assumptions
- Calculation method: Fair value approach (binomial model applied among option pricing supplements)
- Fair value calculation assumptions
? Exercise price: KRW 518 (fair value assessment amount by discounted cash flow method)
? Discount rate / risk-free rate of return: 2.70%
? Expected exercise period: April 7, 2027 ~ April 6, 2033
? Applicable stock price volatility: 49.26%
? Risk-free rate of return: 2.70%
? Market dividend yield: 1.39%
7. Fair value of option: 256 won
? Other stock related matters
Basis in articles of incorporation -
iamthe walrus
2 weeks ago
Report on the Appointment, Dismissal or Early Retirement of Outside Directors
Financial Services Commission/Korea Exchange Precious
April 7, 2025
Company Name: KIB Plug Energy Co., Ltd. (DKME Co., Ltd.)
Representatives: Kim Seon-gi, Baek Seung-ryun
Head Office Address: 260-37, Cheoyong-ro, Nam-gu, Ulsan
(Tel) 052-278-9000
(Website) http://www.kibplugenergy.com
Writer: (Position) Managing Director (Name) Park Sang-jun
1,124 / 5,000
Report on the Appointment, Dismissal or Early Retirement of Outside Directors
1. Date of change in outside director 2025.04.07
2. Number of outside directors changed Appointment/reappointment (persons) 2
Dismissal and early retirement (persons) -
3. Status before change of outside directors Total number of registered directors (persons) 7
Total number of outside directors (persons) 2
Outside director ratio (%) 28.5
4. Status after change of outside director Total number of registered directors (persons) 10
Total number of outside directors (persons) 4
Outside director ratio (%) 40
5. Whether a large-sized corporation Non-applicable
6. Other matters to be factored into investment decisions -
?New appointment/Reappointment of Outside Directors?
Name Birth year and month Gender Appointment category Term start date Term of office Total tenure of outside directors (Including current term) Major career and current position
Im Tae-sang September 1958 Male New April 7, 2025 3 years 3 years LG Household & Health Care, Pyeon Co., Ltd. Sales Management
Public Institution Specialist
Kwon Oh-seon February 1957 Male New April 7, 2025 3 years 3 years Consulting for Eng.B Management Consulting Co., Ltd., Korea Management Technology, etc.
Evaluation Committee Member for Korea Agency for Technology and Standards, Korea Evaluation Institute for Industrial Evaluation, etc.
iamthe walrus
2 weeks ago
Outcome of Annual Shareholders' Meeting ( Kib Plug Energy
1. Approval of Financial Statements
44th
(in Mil. KRW)
A. Consolidated financial statements - Total assets 213,873 - Sales 136,623
- Total liabilities 87,188 - Operating income 10,022
- Capital stock 118,491 - Net income 2,282
- Total shareholders' equity 126,685 *Earnings per share (KRW) 10
B. Non-consolidated financial statements - Total assets 213,884 - Sales 136,623
- Total liabilities 87,188 - Operating income 11,250
- Capital stock 118,491 - Net income 2,327
- Total shareholders' equity 126,696 *Earnings per share (KRW) 10
*Auditor's opinion Consolidated financial statements Unqualified opinion
Non-consolidated financial statements Unqualified opinion
2.Dividend -
A. Cash dividend and dividend in kind Class of dividend -
- Details of assets -
Dividend per share (KRW) Common stock Year-end dividend -
Interim & quarterly dividends -
Different Classes of stocks Year-end dividend -
Interim & quarterly dividends -
Total dividends (KRW) -
Market price-dividend ratio (%) (including interim dividend) Common stock -
Different classes of stocks -
B. Stock dividend Stock dividend rate (%) Common stock -
Different classes of stocks -
Total stock dividends Common stock -
Different classes of stocks -
3. Appointment of directors, etc. (as of appointment date)
A. Details of appointment Outside directors: 2 (new appointments)
Other non-executive directors: 1 (new appointments)
B. Number of outside directors after appointment Total number of directors 10
Total number of outside directors 4
Outside director appointment ratio (%) 40
C. Number of auditors after appointment Standing auditor -
Non-standing auditor -
D. Members of Audit Committee after appointment Members of Audit Committee who are outside directors 3
Members of Audit Committee who are not outside directors -
4. Details of other resolutions Purpose of the 44th regular shareholders' meeting
1. Audit report
2. Business report
3. Report on the operation status of the internal accounting management system
Proposal No. 1: Approval of the 44th financial statements
? Approval as per original plan
Proposal No. 2: Amendment of the Articles of Incorporation
? As per original plan Approval
Agenda No. 3: Dismissal of Directors (Total of 2)
- No. 3-1 Dismissal of Other Non-Executive Director Choi Soo-hyun
? Rejected due to lack of quorum
- No. 3-2 Dismissal of Outside Director Son Kyo-deok
? Rejected due to lack of quorum
Agenda No. 4: Appointment of Directors
- No. 4-1 Outside Director Candidate Lim Tae-sang
? Approved as per original plan
- No. 4-2 Other Non-Executive Director Candidate Kim Hyeong-gi
? Approved as per original plan
Agenda No. 5: Appointment of Audit Committee Members
- No. 5-1 Outside Director Candidate Lim Tae-sang
? Approved as per original plan
- No. 5-2 Outside Director Candidate Yoo Young-sun
? Approved as per original plan
Agenda No. 6: Appointment of Outside Directors to Become Audit Committee Members
- No. 6-1 Outside Director Candidates to Become Audit Committee Members Kwon Oh-seon
? Approved as per original plan
Agenda No. 7: Approval of director compensation limit
? Approved as per original plan
Agenda No. 8: Granting of stock purchase option rights
? Approved as per original plan
5. Date of shareholders' meeting 2025-04-07
6. Other matters to be factored into investment decisions
1) It was determined that legal review was necessary for the exercise of some voting rights, so the report items [Audit report], [Business report],
skitahoe
3 weeks ago
Gunny, I'd be willing to bet that if you sent the milk to Canada it wasn't tariffed under the current arrangement. The administration has overstated the position that makes the US appear to be a big loser, when service is included, we're still an economic powerhouse. In reality, people working in the service industries earn substantially more than those involved in manufacturing. In both cases, computers are taking ever greater parts of the workloads, but it's totally foolish to ignore all the money our service industries bring in, even if nothing but money and some software product, etc. actually moves electronically over a border.
Look at Musk, yes he build cars, rockets, etc. but he also receives payments from all over the world from people using "X", or starlink, etc.
Gary
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hi_Lo
3 weeks ago
Hot Features
Premium
