Largest Shareholder Jang Byeong-gyu Reports Addition of Special Relation with Minimal Share Change and No Impact on Control


  • Jang Byeong-gyu, the largest shareholder of KRAFTON, reported the addition of a special relation, No Kyung-won, a related company executive.
  • The reported shares increased by 202 shares to 17,961,577 shares, but the holding ratio remained unchanged at 38.13%, representing a minimal change.
  • Jang retains a shareholder agreement with Tencent affiliate IMAGE FRAME INVESTMENT providing tag-along rights, ensuring governance stability.
  • [AI Summary]This filing is a routine report of adding a special relation with no new capital raising or equity dilution. Existing shareholder value and control structure remain unaffected, and the stock price impact is neutral.

KOSPI Filing Information


  • Report on Large Shareholding (General)
  • Company: KRAFTON (259960)
  • Submission: Jang Byeong-gyu

  • Shares: 46,137,833
  • Price: 208,000 KRW
  • Market Cap: 9,596.7 B KRW