80 Billion Won Largest Shareholder Change Delayed Due to Approval Hold-up
Expected date of largest shareholder change delayed by 2 weeks from Apr 28, 2026 to May 12, 2026 due to pending regulatory approval from Broadcasting Media and Communications Commission
KX Innovation signed agreement to acquire 14.01% stake (9,126,983 shares) for 80 billion won; balance payment subject to regulatory approval and seller debt settlement
KX Innovation reported 2024 revenue of 403.8 billion won, net income of 97.5 billion won, and equity of 443 billion won, indicating solid financial health
Current largest shareholder Green BTS (7.05%) and related party Quantum Port (6.96%) to sell entire holdings
KOSDAQ Filing Information
[Correction of Description] Execution of Stock Transfer Agreement Involving Change of Largest Shareholder
Company: Korea Cable T.V Chung-Buk System (066790)
Submission: Korea Cable T.V Chung-Buk System Co., Ltd.
Under KRX KOSDAQ Market Division, Amended (Refer to related filing)