[Asia Economy Reporter Kim Daehyun] Jeil Steel announced on the 13th that the largest shareholder Choi Junseok and two others have signed a stock transfer agreement involving a change of the largest shareholder with Samdasoo and Double S Private Equity No.1 Fund.


The total number of shares to be transferred is 7,438,338 shares, amounting to 18,596 million KRW.


Among these, Samdasoo, acquiring 6,638,338 shares, will secure a 22.13% stake and become the largest shareholder.



The scheduled date for the change of the largest shareholder is the 17th of next month.


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