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
Filing: Report on Ownership of Specific Securities by Executives and Major Shareholders