[Asia Economy Reporter Moon Hyewon] Lotte Holdings announced on the 16th that Shin Dongju, chairman of SDJ Corporation, sold all 983,029 shares (0.94%) of Lotte Holdings stock.


Chairman Shin sold the shares on the 14th through off-hours trading at 29,342 KRW per share. The total sale amount was approximately 28.844 billion KRW.



Chairman Shin's side stated that the reason for the sale was "to secure funds for tax payments."


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