New Risk • 17h
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩149.5b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported March 2022 fiscal period end). Minor Risk Market cap is less than US$100m (₩149.5b market cap, or US$99.1m). 공시 • Aug 19
REFINE Co., Ltd. announces Annual dividend REFINE Co., Ltd. announced Annual dividend of KRW 75.0000 per share, ex-date on August 28, 2025 and record date on August 29, 2025. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported March 2022 fiscal period end). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). 공시 • Apr 19
REFINE Co., Ltd. announced that it has received KRW 35.462707677 billion in funding from Realty Fine Co., Ltd. On April 18, 2025, REFINE Co., Ltd., closed the transaction. 공시 • Apr 10
REFINE Co., Ltd. announced that it expects to receive KRW 35.462707677 billion in funding from Realty Fine Co., Ltd. REFINE Co., Ltd. announced a private placement to issue Series 1 unregistered non-secured private placement exchangeable bonds for a gross proceeds of KRW 35,462,707,677 on April 9, 2025. The transaction includes participation from returning investor, Realty Fine Co., Ltd. The bonds have coupon rate of 6% and yield to maturity of 6%. The bonds will mature on April 18, 2030. The bonds will be 100% converted into 2,410,953 common shares at a fixed conversion price of KRW 14,709 per share. The conversion period is from May 18, 2025 to March 18, 2030. The payment date of the transaction is April 18, 2025. The transaction has been approved by the board of directors of the company. The transaction is subject to prohibition of division of bonds and resale to more than 50 persons for one year from the date of issuance of debentures. 공시 • Apr 04
Realty Fine Co., Ltd. completed the acquisition of 34.05% stake in REFINE Co., Ltd. (KOSDAQ:A377450) from Lee Chang Seop, Lee Gil Jae, Kim Wan Tae, Hwang Se Eun, Park Byung Yang, Hwang Yun Seok and others. Realty Fine Co., Ltd. agreed to acquire 34.05% stake in REFINE Co., Ltd. (KOSDAQ:A377450) from Lee Chang Seop, Lee Gil Jae, Kim Wan Tae, Hwang Se Eun, Park Byung Yang, Hwang Yun Seok and others for approximately KRW 160 billion on December 3, 2024. A cash consideration of KRW 160.25 billion valued at KRW 27159 per share will be paid by Realty Fine Co., Ltd. As part of consideration, KRW 160.25 billion is paid towards common equity of REFINE Co., Ltd. The expected completion of the transaction is February 27, 2025. As of February, 2025, The transaction closing date is postponed until the agenda for the appointment of directors and auditors nominated by the purchaser is duly resolved at the general shareholders' meeting by March 31, 2025 and a notarized copy of the minutes is provided to the purchaser. Since it is impossible to accurately predict the date when all conditions precedent to the transaction closing are met, the change date is marked blank and a correction report will be filed when the date is confirmed.
Realty Fine Co., Ltd. completed the acquisition of 34.05% stake in REFINE Co., Ltd. (KOSDAQ:A377450) from Lee Chang Seop, Lee Gil Jae, Kim Wan Tae, Hwang Se Eun, Park Byung Yang, Hwang Yun Seok and others on April 2, 2025. 공시 • Mar 18
REFINE Co., Ltd., Annual General Meeting, Mar 31, 2025 REFINE Co., Ltd., Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 41, songpa-daero 49-gil, songpa-gu, seoul South Korea New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported March 2022 fiscal period end). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). 공시 • Apr 30
REFINE Co., Ltd. (KOSDAQ:A377450) announces an Equity Buyback for KRW 10,000 million worth of its shares. REFINE Co., Ltd. (KOSDAQ:A377450) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant the contract with NH Investment & Securities Co.,Ltd. The purpose of the program is to stabilize stock prices and to enhance shareholder value. The program will expire on October 30, 2024. As of April 28, 2024, the company had 1,832,221 shares in treasury within scope available for dividend and had no shares in treasury under other capacities. 공시 • Oct 29
REFINE Co., Ltd. (KOSDAQ:A377450) announces an Equity Buyback for KRW 10,000 million worth of its shares. REFINE Co., Ltd. (KOSDAQ:A377450) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant the contract with NH Investment & Securities Co.,Ltd. The purpose of the program is to stabilize stock prices and to enhance shareholder value. The program will expire on April 30, 2024. As of October 26, 2023, the company had 1,519,141 shares in treasury within scope available for dividend and had no shares in treasury under other capacities. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 21% share price gain to ₩9,230, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 5x in the Real Estate industry in South Korea. Total loss to shareholders of 35% over the past year. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 16% share price gain to ₩17,000, the stock trades at a trailing P/E ratio of 16.5x. Average forward P/E is 9x in the Real Estate industry in South Korea. 