[Asia Economy Reporter Eunmo Koo] Monalisa is plummeting following news of the largest shareholder selling shares.


As of 9:38 AM on the 11th, Monalisa was trading at 4,900 KRW, down 7.72% (410 KRW) compared to the previous trading day.



On this day, Monalisa disclosed that its largest shareholder, MSS Holdings, sold approximately 3.94 million shares of Monalisa on the market over the period of the 3rd to the 4th. As a result, the shareholding ratio of MSS Holdings and its special related parties in Monalisa changed from the previous 66.0% to 55.27%.


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