Joosung Corperation to Absorb Wholly Owned Subsidiary RPT Korea

• Joosung Corperation will absorb its wholly owned subsidiary RPT Korea, an operator of auto-camping grounds and tourism facilities.
• The merger is scheduled for December 28, 2026, with no new shares issued or other merger consideration paid.
• RPT Korea will dissolve upon completion; the surviving company's controlling shareholder will remain unchanged.
• The transaction aims to improve management efficiency, reduce administrative costs and generate business synergies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Joosung Corperation published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261022000429), on October 22, 2026, and is solely responsible for the information contained therein.