Curoholdings to Convert 8.09 Billion Won of Debt Into Equity
Curoholdings will convert KRW 8.09 billion of debt owed to CreoSG into equity on October 23, 2026, without cash inflows. CreoSG will receive 3,236,765 new common shares at KRW 2,500 each, extinguishing all claims covered by the debt offset. The transaction will make CreoSG the largest shareholder, replacing K Partners.