[Asia Economy Reporter Hyunseok Yoo] Samki Automotive announced on the 27th that CEO Kim Chi-hwan purchased company shares. The number of shares bought over the past five days is 370,000, which corresponds to 1.1% of the issued shares.



At the regular shareholders' meeting on the 24th, the company explained that CEO Kim Chi-hwan expressed a sense of responsibility for the excessive stock price decline and emphasized his commitment to responsible management as CEO, which is reflected in this stock purchase. CEO Kim Chi-hwan's shareholding ratio increased from the previous 33.4% to 34.5%.


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