Motrex reduces stake in Junjin Construction & Robot by 174,245 shares via exchange, ownership falls from 73.69% to 72.50%
Motrex disposed of 174,245 common shares of Junjin Construction & Robot through exchanges from April 8 to April 10, 2026.
The disposal price is 49,929 KRW per share, which is lower than the current market price of 67,800 KRW.
Motrex's ownership decreased from 73.69% to 72.50%, a reduction of 1.19 percentage points.
The exchange likely results from the exercise of exchangeable bonds or similar instruments, involving existing shares rather than new issuance.
[AI Summary]This small-scale stake reduction by Motrex is a routine financial activity without affecting control, limiting negative impact on share price. However, the discount disposal price may slightly dampen investor sentiment in the short term.
KOSPI Filing Information
Report on Ownership of Specific Securities by Executives and Major Shareholders