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[Disclosure] SK square (402340) – Removal of Subsidiary from Holding Company / 2025-11-28

Posted on November 28, 2025July 31, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

SK square has sold a portion of its stake in Dreamus Company, reducing its ownership to 22.2% and officially removing it from its list of holding company subsidiaries.

📊 [Key Disclosure Details & Financial Summary]

  • Overview of Exited Subsidiary
    • Company Name: Dreamus Company
    • CEO: Dong Hoon Kim
    • Main Business: Music services, MD, concerts, etc.
    • Summary Financials (As of FY2024 Consolidated Basis): Total Assets KRW 247.301B (KRW 247,301,000,000) / Total Liabilities KRW 100.604B (KRW 100,604,000,000) / Total Equity KRW 146.697B (KRW 146,697,000,000) / Capital Stock KRW 37.811B (KRW 37,811,000,000)
  • Changes in Equity Ownership Ratio
    • Before Exit: 29,246,387 shares (39.5% stake)
    • After Exit: 16,430,038 shares (22.2% stake)
  • Changes in Book Value of Equity & Number of Subsidiaries
    • Equity Value Before Exit: KRW 103.481B (KRW 103,481,000,000 / 1.5% of total assets on separate financial statements as of FY2024 end)
    • Equity Value After Exit: KRW 58.134B (KRW 58,134,000,000 / 0.8% of total assets)
    • Total Number of Subsidiaries: 8 before exit → 7 after exit
  • Key Schedules & Other Notes
    • Reason for Exit: Equity stake sale
    • Effective Exit Date (Share delivery date): November 28, 2025
    • Board Resolution Date (Approval date for share disposal): October 30, 2025 (4 Outside Directors Present)

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verifying Partial Equity Disposal and Updated Holding Company Subsidiary List

This disclosure confirms the completion of the procedure to remove Dreamus Company from SK square’s list of subsidiaries following the sale and delivery of a portion of held shares. Confirming the exclusion of the subsidiary through partial equity disposal is essential for understanding the holding company’s portfolio restructuring and changes in its list of official subsidiaries. Relevant updates can be confirmed in future disclosures, related official filings, and periodic reports (annual, half-year, and quarterly reports).

📢 Disclaimer & Source Notice

Source: This content was newly structured and generated based on official submission data from the Financial Supervisory Service’s DART system.

Investment Risk Warning: This content is provided solely for informational and language reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any security. All investment decisions and financial responsibilities rest entirely with the individual investor.

Contact: For compliance inquiries or copyright-related issues, please contact ksb220805@gmail.com.

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