SeAH Group Owner Disposes of 9.3% Stake in SeAH Holdings
The owner family of SeAH Group sold 9.3% of the shares of its holding company, SeAH Holdings.
![[Photo by SeAH Group]](http://www.asiae.co.kr/news/img_view.htm?img=2024042921155456394_1714392954.jpg)
SeAH Holdings announced on the 29th that Chairman Lee Soon-hyung and Vice Chairman Park Ui-sook each sold 186,000 shares at 96,000 KRW per share. The total amount was 35.7 billion KRW. The percentage of shares sold by Chairman Lee and Vice Chairman Park was 4.65% each. Accordingly, the ownership stake of the SeAH Group owner family in SeAH Holdings decreased from 89.98% to 80.68%.
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SeAH Group was managed under a sibling leadership system between the late former Chairman Lee Un-hyung and his younger brother, Chairman Lee Soon-hyung, who currently leads the group. Lee Tae-sung, CEO of SeAH Holdings and son of the late former Chairman Lee Un-hyung, did not sell any shares.
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