KISCO Holdings offers KRW 111.7 billion to take KISCO private

• KISCO Holdings plans to acquire 8,592,668 KISCO Corp. common shares for KRW 13,000 each, totaling KRW 111.7 billion.
• The offer targets a 23.57% stake at a 24.6% premium to the October 30 closing price.
• The tender runs November 2–23, 2026, with settlement November 25; all tendered shares will be purchased regardless of participation.
• A subsequent comprehensive share exchange planned for 2027 would make the steelmaker wholly owned, paving the way for delisting.
• The restructuring aims to eliminate duplicate listings, improve capital allocation and reduce operating costs.

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. KISCO Corp. 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: 20261102000001), on November 02, 2026, and is solely responsible for the information contained therein.