OSUNG ADVANCED MATERIALS Reports Change in Hwail Pharm Holdings Due to Stock Merger (Stake Unchanged at 38.48%, No Impact on Shareholder Value)


  • OSUNG ADVANCED MATERIALS saw its share count in Hwail Pharm decrease from 32,394,695 to 3,239,467 due to a stock merger, but its ownership percentage remains unchanged at 38.48%.
  • This change is a simple adjustment resulting from a 10:1 reverse stock split, involving no new capital raising or external debt inflow, thus a purely structural change.
  • The voting rights ratio of the largest shareholder and its specially related parties remains constant, posing no risk to management control, and no additional capital expansion or debt changes occurred.
  • [AI Summary]Hwail Pharm's stock merger is a simple share consolidation with no impact on OSUNG ADVANCED MATERIALS' stake or shareholder value, thus presenting low investment risk and maintaining management stability.

KOSDAQ Filing Information


  • Report on Large Shareholding (General)
  • Company: Hwail Pharm (061250)
  • Submission: OSUNG ADVANCED MATERIALS CO., LTD.

  • Shares: 84,175,847
  • Price: 943 KRW
  • Market Cap: 79.4 B KRW