Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK square has sold its entire 80.3% stake in 11ST Co., Ltd., officially removing it from its list of holding company subsidiaries.
📊 [Key Disclosure Details & Financial Summary]
- Overview of Exited Subsidiary
- Company Name: 11ST Co., Ltd.
- CEO: Hyun Soo Park
- Main Business: E-commerce
- Summary Financials (As of FY2024 Separate Basis): Total Assets KRW 406.912B (KRW 406,912,000,000) / Total Liabilities KRW 377.018B (KRW 377,018,000,000) / Total Equity KRW 29.894B (KRW 29,894,000,000) / Capital Stock KRW 5.123B (KRW 5,123,000,000)
- Changes in Equity Ownership Ratio
- Before Exit: 41,126,430 shares (80.3% stake)
- After Exit: 0 shares (0.0% stake)
- Changes in Book Value of Equity & Number of Subsidiaries
- Equity Value Before Exit: KRW 660.700B (KRW 660,700,000,000 / 9.3% of total assets on separate financial statements as of FY2024 end)
- Equity Value After Exit: KRW 0 (0.0% of total assets)
- Total Number of Subsidiaries: 9 before exit → 8 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 29, 2025 (4 Outside Directors Present)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verifying Equity Disposal Completion and Updated Holding Company Subsidiary List
This disclosure confirms the completion of the procedure to remove 11ST Co., Ltd. from SK square’s list of subsidiaries following the sale and delivery of all held shares. Confirming the exclusion of the subsidiary through 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.
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