Filer Young-ki Shin's stake decreased by 1.11%p from 29.16% to 28.05% (net decrease of 1,000,747 shares).
Reasons: dissolution of special relationship (Kim Jong-ran's resignation as executive, -16,551 shares) and forced sale of 1,100,000 shares on the open market.
Shin has a stock collateral loan of KRW 6 billion (12% interest, 170% maintenance ratio); the forced sale is presumed due to falling below the maintenance ratio.
Co-shareholder Telcon RF Pharmaceutical has 8,802,000 shares pledged as collateral (to Sangsangin Savings Bank, etc.).
Number of special relations decreased from 8 to 7 (Kim Jong-ran's departure).