80 Billion Won Largest Shareholder Change Delayed Due to Approval Hold-up
- Expected date of largest shareholder change delayed by 2 weeks from Apr 28, 2026 to May 12, 2026 due to pending regulatory approval from Broadcasting Media and Communications Commission
- KX Innovation signed agreement to acquire 14.01% stake (9,126,983 shares) for 80 billion won; balance payment subject to regulatory approval and seller debt settlement
- KX Innovation reported 2024 revenue of 403.8 billion won, net income of 97.5 billion won, and equity of 443 billion won, indicating solid financial health
- Current largest shareholder Green BTS (7.05%) and related party Quantum Port (6.96%) to sell entire holdings
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KOSDAQ Filing Information
- Filing: [Correction of Description] Execution of Stock Transfer Agreement Involving Change of Largest Shareholder
- Company: Korea Cable T.V Chung-Buk System (066790)
- Submission: Korea Cable T.V Chung-Buk System Co., Ltd.
- Receipt: 04-28-2026
- Under KRX KOSDAQ Market Division, Amended (Refer to related filing)