Decision on Acquisition of Shares or Investment Certificates of Other Corporations
1. Details of issuing company Name of company DDIVC Co., Ltd. No. 1 Consignment Management Real Estate Investment Company
Nationality Republic of Korea Representative Dong-ik Kim
Capital stock (KRW) 300,000,000 Relationship to company -
Total number of shares issued 30,000 Main business Real estate business
2. Details of acquisition Number of shares to be acquired 572,810
Acquisition cost (KRW) 57,281,000,000
Equity capital (KRW) 531,471,748,441
Ratio to equity capital (%) 10.78
Classified as a large-sized corporation? No
3. Number of shares held and shareholding ratio after acquisition Number of shares held 572,810
Shareholding ratio(%) 49.00
4. Acquisition method Cash acquisition
5. Purpose of acquisition Investment in DDIVC Co., Ltd. No. 1 Consignment Management Real Estate Investment Company
6. Scheduled acquisition date -
7. Subject to filing of a material fact report on asset acquisition? No
-Total assets (as of the end of the latest fiscal year) (KRW) 1,712,427,674,048 Acquisition cost /Total assets(%) 3.35
8. Deemed a backdoor listing? No
-Plan to increase capital through third-party allotment within six months? No
9. Satisfying backdoor listing requirements for the issuing company (another corporation)? No
10. Date of board resolution (decision date) 2022-03-04
-Attendance of outside directors Present (No.) 4
Absent (No.) -
-Attendance of auditors (members of Audit Committee who are not outside auditors) -
11. Subject to reporting to the Fair Trade Commission? No
12. Signed a put option contract, etc.? No
-Details of agreements -
13. Other matters to be factored into investment decisions - "2. Details of acquisition" and "3. Number and ratio of shares held after acquisition" are based on the total expected acquisition amount of KRW 57.281 billion, of which KRW 348.88 billion is due for first payment on March 24, 2022, and the remaining amount in installments by May 2024.

- Although "6. Scheduled acquisition date" for the first share payment is March 24, 2022, it is subject to change. Accordingly, a redisclosure will be made if there is a correction in the future.

- Major schedules and details are subject to partial change depending on the progress
※Related disclosure -
[Condensed Financial Statements of Issuing Company](KRW)
Category Total assets Total liabilities Total shareholders' equity Capital stock Sales Net income External auditor's opinion External auditor
Current fiscal year - - - - - - - -
Previous fiscal year - - - - - - - -
Two fiscal years prior - - - - - - - -

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SK D&D Co. Ltd. published this content on 08 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2022 02:10:03 UTC.