Miri Fund Increases Stake in KINX by 6,500 Shares to 15.09% through Open Market Purchases, Limited Impact on Shareholder Value

Major shareholder The Miri Strategic Emerging Markets Fund LP purchased 6,500 common shares of KINX through open market transactions from April 7 to April 16, 2026, increasing its holdings to 736,482 shares and raising its stake from 14.96% to 15.09%.
Purchase prices ranged from KRW 100,878 to KRW 109,139 per share, slightly below the current price of KRW 111,800, and since no new shares were issued, there is no dilution impact on existing shareholders.
This transaction represents a simple change in ownership with no direct effect on the company's capital structure or growth strategy, and the impact on short-term stock price is limited.
[AI Summary]The Miri Fund's additional purchase of KINX shares may be interpreted as a positive signal from an existing major shareholder, but the increase is only 0.13 percent, resulting in negligible impact on shareholder value. No capital raising or strategic changes are involved, so there is no meaningful change from an investment risk or growth perspective.