MegaStudy’s golf loan extension and cash recovery
Use the golf course loan extension to distinguish recovery of a parent receivable from obligations to external parties.
Updated Nov 8, 2026
Extension of the remaining balance after partial repayment
On 2026-04-28, MegaStudy extended its loan of KRW 30,000,000,000 to Mega BMC. The initial loan was KRW 41,000,000,000 and the company had recovered KRW 11,000,000,000. The extension filing gives a rate of 4.6% and maturity on 2027-04-27.
Track intercompany loans and external payments separately
For the parent, the subsidiary loan is a receivable to recover. Consolidation eliminates the internal receivable and payable, so adding the loan balance to group external borrowing would double-count exposure. Review bank debt and the guarantee on fund obligations under their own payment terms.
What the maturity filing establishes
The extension filing records the terms at disclosure. Actual repayment or a further extension requires follow-up disclosures and cash flow information. Actual fund option payments also depend on contractual details such as remaining units and undistributed amounts.
Sources
- MegaStudy | Loan term extensionAccessed Nov 8, 2026
- MegaStudy | Annual reportAccessed Nov 8, 2026
- MegaStudy | Performance guarantee disclosureAccessed Nov 8, 2026