Douzone Bizon: Treasury Share Cancellation and Major Shareholder Stake Rises to 95.66%
- Douzone Bizon (012510) canceled 2,354,110 treasury shares, reducing total outstanding shares from 31,477,993 to 29,123,883.
- The largest shareholder, Doronicum Co., Ltd., increased its stake from 86.96% to 93.98%; combined with Doronicum Singapore, LP (1.68%), total is 95.66%.
- Doronicum Co., Ltd. holds 27,371,745 common shares via public tender (1,213,466 shares) and conversion of preferred shares (1,083,173 shares).
- Doronicum Singapore, LP acquired 488,141 common shares through open market purchases, now holding 488,141 shares.
- All 1,083,173 preferred shares were converted into common shares.
- The treasury share cancellation and increased major shareholder stake are positive for per-share value and management stability.
- The minority shareholder stake is only 4.34%, raising concerns about liquidity and minority shareholder rights.
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KOSPI Filing Information
- Filing: [Correction of Description] Report on Change of Ownership of Shares by Largest Shareholder, etc.
- Company: DOUZONE BIZON (012510)
- Submission: DOUZONE BIZON CO.,LTD
- Receipt: 05-08-2026
- Under KRX KOSPI Market Division