Selling NXC Shares Received as Inheritance Tax... Total Public Sale of 4.9 Trillion Won

The government will publicly sell 4.9 trillion won worth of national tax payment securities, including shares of Nexon holding company NXC.

The Ministry of Economy and Finance announced on the 4th that it will proceed with the public sale of 48 national tax payment securities following the resolution of the State Property Policy Deliberation Committee.

National tax payment securities refer to unlisted securities held by the state, received as payment of inheritance tax in securities instead of cash. The national tax payment securities to be publicly sold include 17 in manufacturing, 10 in construction, 10 in wholesale and retail, and 11 in other industries.

In particular, 851,968 shares (29.3% stake) of Nexon Group holding company NXC have been listed for sale. These shares were paid as inheritance tax by the bereaved family of the late Kim Jung-ju, the founder of Nexon.

High-value stocks with expected sale amounts exceeding 10 billion won are also included, such as Kyohaksa (19.4 billion won), Namil Battery Trading Company (16.1 billion won), D&B Company (14.5 billion won), and Trandex (13 billion won).

The sale will be conducted through Onbid starting from the 18th.

This content was produced with the assistance of AI translation services.