Hanssem Sold to Private Equity Firm IMM Private Equity
[Asia Economy Reporter Kim Jong-hwa] Hanssem, the No. 1 furniture company in Korea, announced on the 14th that it signed a memorandum of understanding to sell shares held by its largest shareholder, Honorary Chairman Cho Chang-geol, and related parties to the private equity firm IMM Private Equity Co., Ltd.
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As of the end of March, the shareholding status of Hanssem shows that the founder, Honorary Chairman Cho, holds 15.45% of the shares, and the total shares held by related parties amount to 30.21%.
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