[2023.08.02] Lower target in light of new plans - SAMSUNG SECURITIES
2023.08.02
• SK REIT will: 1) incorporate SK Hynix’s Icheon water treatment facility as a new
underlying asset; and 2) conduct a KRW330b rights offering to pay off existing debts.
• Upon the completion of the rights offering and new asset incorporation, the REIT’s
LTV ratio should fall from 69% to 65%.
• The new asset incorporation should lend support to the REIT’s dividend stability but
reduce upside in terms of asset value.
The Company rejects any unauthorized collection of e-mail addresses posted on this website using e-mail collection programs or other technical devices. Please note that violations shall result in criminal prosecution under the “Act On Promotion Of Information And Communications Network Utilization And Information Protection.”
SK Real Estate Investment Trust Company Co., Ltd. (SK REIT, hereinafter referred to as the “Company”) shall protect the personal information of information subjects pursuant to Article 30 of the Personal Information Protection Act, and in order to expeditiously and smoothly handle grievances related to personal information, the Company shall establish and disclose the following Privacy Policy.
The Company shall process personal information for the following purposes. Personal information being processed shall not be used for purposes other than the following. Should the purpose of using personal information change, the Company shall take necessary measures, such as obtaining separate consent pursuant to Article 18 of the Personal Information Protection Act.
① For the following personal information, the Company shall retain and use personal information based on the consent of the information subject or relevant laws. The Company shall destroy personal information without delay when the purpose of processing it has been achieved. However, if the Company is compelled by law to retain personal information, it shall retain said personal information for the period stipulated under the relevant law.
| Personal information file name | Personal information for customer consultation, dispute resolution, and shareholder-related tasks |
|---|---|
| Personal information items | Name, resident registration number (business number, corporate registration number), e-mail, mobile phone number, address, and other information necessary for processing personal information |
| Grounds for retaining personal information | Customer consultation, dispute resolution, and if there is a legal basis. Please note that the resident registration number is retained only if there is a legal basis |
| Retention / use period | The period for which consent was obtained when collecting personal information, or the period stipulated under relevant laws and regulations |
② The following personal information items may be automatically generated and collected over the course of using Internet services. In such a case, the Company shall retain and use said information for a period of one year.
In principle, the Company shall process the personal information of the information subject within the scope defined in Article 1 (Purpose of processing personal information), and it shall not process personal information beyond the said scope or provide it to a third party without the prior consent of the information subject. However, personal information may be provided to third parties in the following cases.
① The Company shall consign the processing of personal information to the following to ensure seamless processing of said personal information.
| Consigned party | Consigned tasks | Retention period |
|---|---|---|
| 3ANYINC Co., Ltd. | Administration of the Company’s official website | Personal information shall be destroyed upon completion of relevant tasks |
| Shinhan Aitas Co., Ltd. | Tasks including the preparation of shareholder registers | Personal information shall be destroyed upon completion of relevant tasks |
② 위탁업무의 내용이나 수탁자가 변경될 경우에는 지체없이 본 개인정보 처리방침을 통하여 공개하겠습니다.
③ 회사는 위탁계약 시 위탁업무수행목적 외 개인정보 처리금지, 개인정보에 관한 제3자 제공 금지, 재위탁 제한 및 책임부담 등을 명확히 규정하고, 당해 계약내용을 서면 및 전자보관하고 있습니다.