Major shareholder and related parties sell entire stake (29.13M shares at 373 won, total 10.87B won)
- The largest shareholder Kim Won-woo and special relations (Kim Su-ah, Nice Investment Partners, Kim Seong-hoon) sold all 29,492,741 shares (42.18% stake) of Seoul Electronics & Telecom in an over-the-counter sale.
- The sale price was 373 won per share, approximately a 22% discount to the current market price of 480 won.
- Buyers are Daon International Co., Ltd., SIT No.1 Investment Fund, and SIT No.2 Investment Fund, with total proceeds of 10,866,512,393 won.
- This results in the former major shareholder losing control and a change to new major shareholders.
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KOSDAQ Filing Information
- Filing: Report on Large Shareholding (General)
- Company: Seoul Electronics & Telecom (027040)
- Submission: Kim Won-woo
- Receipt: 05-21-2026