• Sambu Engineering & Construction will spin off litigation-related assets into wholly owned SB Asset Management, effective Nov. 6, 2026.
• The restructuring aims to accelerate the parent's exit from rehabilitation proceedings while the subsidiary continues avoidance litigation within rehabilitation.
• SB Asset Management will receive KRW 7.3 billion in assets, based on June 30, 2026, figures.
• The parent will retain its listing; the subsidiary will remain unlisted, with no change to the parent's largest shareholder's stake.
• Once litigation concludes, the subsidiary will transfer resulting rights and obligations to the parent or merge with it.

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. Sambu Engineering & Construction 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: 20261105000565), on November 05, 2026, and is solely responsible for the information contained therein.