W Holding Company "Acquires Additional 13.6 Billion KRW Shares of Affiliate Chorokbam Media"
[Asia Economy Reporter Jang Sehee] W Holding Company announced on the 19th that it will additionally acquire 9,686,041 shares of Chorokbaem Media, a broadcasting program production affiliate, for approximately 13.6 billion KRW.
After the stock acquisition, W Holding Company's stake in Chorokbaem Media will be 27.2%. The scheduled date for the stock acquisition is July 21 of this year.
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Regarding the purpose of this stock acquisition, W Holding Company stated it is for "strengthening (maintaining) control and enhancing stock value."
This content was produced with the assistance of AI translation services.
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