Shinyoung SPAC No.5, Change of Largest Shareholder from Kim Jun-il to Kim Jong-hak and 3 Others
[Asia Economy Reporter Kwon Jaehee] Shin Young SPAC No. 5 announced on the 15th that it will change its largest shareholders from the existing Kim Jun-il to Kim Jong-hak and three others. Regarding the reason for the change, it stated, "The largest shareholder is changed as the merging company, Shin Young Happy Tomorrow No. 5 Special Purpose Acquisition Corporation, absorbs the merged company, Taeseong Co., Ltd."
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