What happened
Completion report on merger, etc. 6.0 Sungho Electronics Co., Ltd. Completion report on merger, etc. (merger)
To the Commissioner of the Financial Supervisory Service July 3, 2026
Company name: Sungho Electronics Co., Ltd. Representative Director: Park Seong-jae Head office address: 205-15 Gasan Digital 1-ro, Units 1301, 1302 and 1401, Geumcheon-gu, Seoul (Tel) 02-2104-7500 (Website) http://www.sungho.net Preparer: (Title) Managing Director (Name) Yoo Jae-hoon (Tel) 02-2104-7500
I. Schedule Category: Date; Remarks Board resolution date for the merger: April 29, 2026; - Material event report filing: April 29, 2026; - Public notice of record date for shareholder confirmation: April 29, 2026; Posted on the Company's website Merger agreement date: April 30, 2026; - Shareholder confirmation record date (Note 1): May 14, 2026; - Small-scale merger public notice: May 14, 2026; Posted on the Company's website Period for receiving notices of objection to the merger -- start date: May 14, 2026; end date: May 28, 2026 Board resolution approving the merger (Note 2): May 29, 2026; In lieu of a general shareholders' meeting Public notice inviting creditor objections: June 1, 2026; Posted on the Company's website Period for creditor objections -- start date: June 1, 2026; end date: July 2, 2026 Merger effective date: July 3, 2026; - Board resolution on merger completion report, in lieu of general meeting (Note 3): July 3, 2026; In lieu of a general shareholders' meeting Public notice of merger completion report: July 3, 2026; Posted on the Company's website Expected merger registration date: July 7, 2026; -
(Note 1) This is the record date for determining shareholders eligible to voice objection to the surviving company's small-scale merger. (Note 2) As the surviving company's merger qualified as a small-scale merger, the general shareholders' meeting resolution for merger approval was replaced by a board resolution. (Note 3) Pursuant to Article 526, Paragraph 3 of the Commercial Act, the surviving company replaced the merger completion reporting general shareholders' meeting with a board resolution on the merger completion report.
II. Changes in the equity holdings of the largest shareholder, etc. The surviving company, Sungho Electronics Co., Ltd., is the largest shareholder of the dissolving company, Amazing Holdings Co., Ltd., holding 100% of its equity. The merger ratio between the surviving company and the dissolving company is 1.0000000 : 0.0000000, and since this is a no-capital-increase merger under which no new shares are issued, there is no change in the equity holdings of the largest shareholder, etc. following the merger.
III. Exercise of appraisal rights As this merger proceeds as a small-scale merger under Article 527-3, Paragraph 5 of the Commercial Act, no appraisal rights are granted to the shareholders of the surviving company, Sungho Electronics Co., Ltd. In addition, pursuant to Article 527-3 of the Commercial Act, notices of objection to the merger were received from May 14, 2026 to May 28, 2026; a total of 1,625 shareholders notified their objection to the merger, representing 496,024 shares (0.70% of total issued shares).
IV. Creditor protection matters The surviving company, Sungho Electronics Co., Ltd., and the dissolving company, Amazing Holdings Co., Ltd., issued a public notice inviting creditor objections on June 1, 2026, and no creditor raised an objection by the close of the objection period on July 2, 2026. In addition, no decision has been made to repay any debt or provide substantial collateral in connection with this matter.
V. Status of related litigation As of the date of this report, there is no litigation related to this merger that could affect its validity.
VI. Matters concerning new share allotment, etc. This merger is a no-capital-increase merger (merger ratio 1:0) under which no new shares are issued, and no separate merger consideration is paid in connection with this merger.
VII. Summary financial information before and after the [merger, etc.] (Unit: KRW million) Category: Before merger -- Sungho Electronics Co., Ltd.; Before merger -- Amazing Holdings Co., Ltd.; After merger -- Sungho Electronics Co., Ltd. Current assets: 648,771; 6,632; 655,357 Non-current assets: 302,999; 272,810; 505,808 Total assets: 951,770; 279,442; 1,161,165 Current liabilities: 263,562; 11,738; 275,254 Non-current liabilities: 132,221; 207,558; 339,779 Total liabilities: 395,783; 219,296; 615,033 Capital stock: 35,461; 1,750; 35,461 Share premium: 31,038; 68,250; 31,038 Other components of equity: 31,006; -; 31,006 Retained earnings (accumulated deficit): 458,481; (9,855); 448,627 Total equity: 555,986; 60,145; 546,132 Total liabilities and equity: 951,770; 279,442; 1,161,165
* The summary financial information above is based on the separate statement of financial position as of March 31, 2026, and the estimated post-merger statement of financial position may differ from the actual merger statement of financial position to be prepared as of the actual merger effective date. * The post-merger financial statements above have not been audited (reviewed) by the external auditor and are subject to change based on the external auditor's future audit (review) results.
| Filed | 2026-07-03, Completion report on merger, etc. (merger) |
|---|---|
| Source | DART rcept 20260703000183 → open original filing |
Source: DART. Information only, not investment advice.
