TY Holdings Unit Taeyoung Construction Converts KRW 27.15 Billion Debt Into Equity

Bitget2026/10/29 07:50

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TY Holdings subsidiary Taeyoung Construction will convert KRW 27.15 billion of unsecured financial claims into equity under an October 29, 2026 decision.
Korea Housing Finance Corp. will receive 11,752,022 new common shares at KRW 2,310 each.
The debt-for-equity swap takes effect November 7, 2026, with no cash inflow.
The new shares will be locked up from November 23, 2026, through November 22, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TY Holdings Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261029800551), on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TY Holdings Unit Taeyoung Construction Converts KRW 27.15 Billion Debt Into Equity

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