Largest shareholder group raises stake to 41.44% via open market purchases... combined with share cancellation to boost shareholder value
Largest shareholder Im Hyeong-gi and related persons (Im Ju-hee, Im Ji-hyun) increased their collective stake from 40.07% to 41.44% through open market purchases from May 18-28, 2026 (131,772 shares, +1.37%p). Average purchase price around 3,125 won, similar to current market price of 3,075 won.
Im Ju-hee used 201 million won and Im Ji-hyun used 212 million won, totaling approx. 413 million won from personal funds. Sources: earned income and personal savings.
A treasury share cancellation of 350,000 shares was completed on Jan 15, 2026, reducing total outstanding shares from 10,000,000 to 9,650,000, preventing EPS dilution.
This filing is for routine management participation as the largest shareholder, not to influence management control. No specific plans for capital changes, dividends, or M&A.
[AI Comprehensive Analysis]The open market purchases by the controlling family signal confidence in the company's value, but the scale is modest and prices are near market, limiting short-term impact. The prior share cancellation is a positive shareholder action. Overall, a mildly positive event.