Koramco Asset Management Sells 0.29% Stake in IGIS RESIDENCE REIT, Reducing Holdings to 10.36%, Open Market Sale for Simple Investment
Koramco Asset Management sold 105,700 shares of IGIS RESIDENCE REIT on the open market from May 11 to June 5, 2026, reducing its stake from 10.65% to 10.36%, a decrease of 0.29 percentage points.
The disposal prices ranged from 3,748 KRW to 3,409 KRW per share, trending downward, and the sale was conducted as a simple investment purpose with no change in investment intent.
While the small stake reduction has limited direct market impact, continued selling by a major shareholder could exert downward pressure on the stock price.
[AI Summary]Koramco Asset Management's slight reduction in its IGIS RESIDENCE REIT stake is interpreted as a routine portfolio adjustment without any change in investment purpose, and the impact on the stock price is expected to be minimal.