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DOOSAN TESNA Inc. Largest shareholder Doosan Portfolio Holdings' shares under contract fall to 7,476,953

DOOSAN TESNA Inc.· Report on Large Shareholdings

AI summary · Not investment advice

Doosan Portfolio Holdings' stake in DOOSAN TESNA Inc. was unchanged at 38.69%, while shares under contract fell from 52.66% to 38.69%.

Total under contracts

7,476,953 shares

Previous 52.66% → now 38.69%

Key facts

Stake
38.69%Same as previous
Reporting holder
Doosan Portfolio Holdings Co., Ltd.
Purpose of holding
To influence management
Relationship with issuer
Largest shareholder
Report type
Amendment
Reason for report
Change in contract terms
Shares held
7,476,953 sharesSame as previous
Reason for amendment
Change in contract terms
Previous shares under major contracts
10,176,953 shares
Shares under major contracts
7,476,953 shares

Commentary

AI commentary · Not investment advice

What happened

Doosan Portfolio Holdings, the largest shareholder of DOOSAN TESNA, filed an amended report because its share pledge terms changed. A share pledge means putting up shares as collateral for a loan. Its 7,476,953 shares and its 38.69% stake did not change. Shares under contract fell from 10,176,953 to 7,476,953.

In the company's terms

DOOSAN TESNA has 19,327,238 voting shares in issue. Shares under contract fell from 52.66% to 38.69% of the total. All of the holder's shares are now pledged under four contracts with Woori Bank, Shinhan Bank and two special purpose companies.

What changes for shareholders

The loans range from KRW 30.0 billion to KRW 110.0 billion per contract, with interest rates of 5.31% to 6.07%. The earliest contract ends on September 29, 2027. The holder keeps its stake to influence management.

Earlier Report on Large Shareholdings filings from this company

Filings of the same type
FiledReporting holderStakeChange
26.10.07SAMSUNG ASSET MANAGEMENT7.88%+1.99%p
26.10.02National Pension Service and 1 related party5.10%+0.18%p

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