Sambu Engineering & Construction Files Revised Rehabilitation Plan to Spin Off Litigation Assets

• Sambu Engineering & Construction filed an amended rehabilitation plan with Seoul Rehabilitation Court on Oct. 29, 2026, proposing a subsidiary spin-off.
• The proposed SB Asset Management would receive KRW 7.3 billion in assets, valued as of June 30, 2026, with no liabilities transferred.
• The parent would seek to exit rehabilitation following the subsidiary’s incorporation; the subsidiary would remain in rehabilitation to pursue avoidance litigation.
• The parent would retain 100% ownership of the unlisted subsidiary, preserving its own listing and existing shareholders’ ownership percentages.
• All litigation gains and losses would ultimately accrue to the parent, with the subsidiary later dissolved or merged back.

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: 20261029800880), on October 29, 2026, and is solely responsible for the information contained therein.