CJ Decides to Acquire Additional 150 Billion KRW Worth of Shares in Affiliate CJ CGV
[Asia Economy Reporter Ryu Tae-min] CJ announced on the 8th that it has decided to participate in the third-party allotment rights offering of its affiliate CJ CGV and acquire an additional 6,818,182 shares. The acquisition amount is 150 billion KRW, which corresponds to 0.91% of the company's equity capital.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051414165763158_1778735817.jpg)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- KOSPI 10,000 Era Survival Strategy: Buy the Leading Stocks
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
After the acquisition, the shareholding ratio will be 48.54% (23,148,659 shares), and the scheduled acquisition date is the 28th of this month. The company stated, "This is to improve the financial structure of our affiliate CJ CGV through capital expansion."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
