Shinsegae, Shinsegae International Disposes of 488,000 Shares
[Asia Economy Reporter Junho Hwang] Shinsegae International announced that Shinsegae sold 488,998 shares through after-hours trading on the 17th. As a result of this share sale, Shinsegae's stake decreased to 38.91%. The combined shareholding of Jung Yookyung, Shinsegae's General President, and executives declined from 60.93% to 54.08%.
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