[Asia Economy Reporter Dongwoo Lee] LG Group Chairman Koo Kwang-mo inherited shares of ㈜LG held by his late grandfather, Honorary Chairman Koo Ja-kyung, who passed away in December last year.


㈜LG announced on the 26th that Chairman Koo inherited 1,648,887 common shares from former Chairman Koo Ja-kyung.


The value of the inherited shares is approximately 118.225 billion KRW based on the closing price on the 25th.



With this inheritance, Chairman Koo, the largest shareholder, now holds 27,537,710 common shares of LG, representing a 15.65% stake.


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