Correction of change of largest shareholder date to June 5, 8 billion won at 876.5 won per share
- Correction of the previous disclosure regarding change of largest shareholder: the expected date changed from May 22 to June 5, 2026.
- KX Innovation Co., Ltd. will acquire 9,126,983 shares (14.01%) from Green BTS Co., Ltd. and Quantum Port Co., Ltd. for 8 billion won (876.5 won per share).
- The acquisition price (876.5 won) represents a discount of approximately 41% from the current market price (1,493 won), negatively impacting existing shareholder value.
- The buyer, KX Innovation, is a financially sound company with total assets of 886.8 billion won and net income of 97.5 billion won.
- The expected change date is subject to approval from the Korea Communications and Media Commission and may be further adjusted.
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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: 05-21-2026
- Under KRX KOSDAQ Market Division