[Asia Economy Reporter Kwon Hyun-ji] YG PLUS announced on the 13th that it has decided to dispose of 149,311 shares of its subsidiary Greenworks, valued at 18,789,460,000 KRW. This represents 12.89% of its equity capital. The purpose of the disposal is to focus on core businesses through business structure reorganization, improve management efficiency, and secure mid- to long-term investment resources.



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