Posbank Cuts Subsidiary’s Mobile Terminal Business Acquisition Price to KRW 4.34 Billion

• Posbank cut subsidiary Timcore's acquisition price for M3 Mobile's industrial mobile-terminal business to KRW 4.34 billion from KRW 4.4 billion.
• The acquisition date was confirmed as Nov. 10, 2026, following Timcore shareholder approval.
• Revised acquired liabilities total KRW 13.97 billion, equivalent to 72.32% of the parent's latest annual consolidated liabilities.
• Acquired assets were revised to KRW 4.26 billion under the amended agreement.

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. Posbank 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: 20261110900814), on November 10, 2026, and is solely responsible for the information contained therein.