Kim Yeonsu, CEO of Hangul and Computer, to Acquire Additional Shares
[Asia Economy Reporter Bu Aeri] Kim Yeonsu, CEO of Hancom, announced on the 28th that he will purchase additional shares.
In May, CEO Kim established a special purpose company, HCIH, through Datoz, where he serves as CEO. HCIH holds 9.89% of Hancom's shares, making it the second largest shareholder.
CEO Kim plans to secure shares in cooperation with Crescendo, a major shareholder of Hancom. However, the method and amount of the purchase have not yet been decided. Crescendo maintains a close cooperative relationship with CEO Kim, including the acquisition of iTEXT and investment in Hancom. Crescendo will also participate in this share purchase as a financial investor to support the company's growth.
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If CEO Kim secures additional shares, his control over Hancom is expected to increase significantly. He stated, "Through this share purchase and other efforts, I will actively communicate the key business strategies and directions for Hancom's future growth both inside and outside the company to share them with our shareholders."
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