• Suwon Rehabilitation Court confirmed Jeil M&S’s reorganization plan on Oct. 8, 2026, clearing the company’s restructuring blueprint.
• Plan centers on large-scale debt-to-equity swaps, with many secured and unsecured claims converted at 89.79% or more.
• Cash repayments focus on smaller residual portions for most claims, with some lenders slated for full cash repayment at maturity.
• Equity structure to be reset via a 21-for-1 share consolidation, with different ratios for the CEO and small shareholders.
• Company to issue 31,000,000 new common shares in a paid-in capital increase to FG Investment No. 3, an SPC set up for the deal.

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. Jeil M&S Co. Ltd. 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: 20261012900751), on October 12, 2026, and is solely responsible for the information contained therein.