Kwang Yoon-sa, the largest shareholder of Lotte Holdings, sold all of its shares in BNK Financial Group

COMPANY / Reporter Paul Lee / 2023-07-11 04:15:19
 

 

[Alpha Biz=(Chicago) Reporter Paul Lee] BNK Financial Group announced on the 10th that Kwangyoon Corporation, a foreign corporation, disposed of 2,758,095 shares of the company's common shares as after-hours trading (block deal) on the 30th of last month. As a result, Kwangyoon Corp.'s shares became zero shares.

Lotte is the largest shareholder of BNK Financial. In terms of equity ratio, Busan Lotte Hotel held 2.76 percent, Lotte Shopping 2.62 percent, Lotte Scholarship Foundation 1.77 percent, Lotte Chilsung Beverage 0.66 percent, Hotel Lotte 0.47 percent and foreign subsidiary Lotte Holdings 1.44 percent and family 0.58 percent, respectively.

The stake held by Kwangyoon was 0.84%, but it became 0% due to overtime sales. As a result, the largest shareholder's stake was from 11.14% to 10.30%.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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