Kyungnong Decides to Sell 520,000 Shares of Jobi Stock for 15.7 Billion KRW
[Asia Economy Reporter Minji Lee] Kyungnong announced on the 4th that it has decided to dispose of 519,223 shares of Jobi stock for 15.7 billion KRW. After the disposal, the number of shares owned will be approximately 2.83 million, corresponding to a 54.56% stake. The company stated, "This is due to the restructuring of the investment stock portfolio and the sale of some shares."
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