AJ Networks Disposes 50 Billion KRW Worth of Shares in Affiliate AJ Total Co., Ltd.
[Asia Economy Reporter Gong Byung-sun] AJ Networks announced on the 15th that it has decided to dispose of shares of its affiliate, AJ Total Co., Ltd., for 50 billion KRW.
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This corresponds to 3.15% of its equity capital. The purpose of the share disposal is the paid-in capital reduction of AJ Total Co., Ltd. AJ Total Co., Ltd. is engaged in the rental business of refrigerated and frozen warehouses and food processing.
This content was produced with the assistance of AI translation services.
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