KWANGDONG PHARMACEUTICAL CO.,LTD Largest shareholder extends share pledge agreements; stake unchanged at 19.42%
KAI summary · Not investment advice
Choi Sung Won and 15 related parties kept their stake in KWANGDONG PHARMACEUTICAL CO.,LTD at 19.42% and extended share pledge agreements.
Total under contracts
1,486,560 shares
2.99% · same as previous
Key facts
- Reporting holder
- Choi Sung Won and 15 related parties
- Relationship with issuer
- Largest shareholder
- Report type
- Change in contracts
- Reason for report
- Extension of agreements on shares held
- Previous stake
- 19.42%
- Stake
- 19.42%Previous 19.42% · 0%p
- Previous shares held
- 9,670,292 shares
- Shares held
- 9,670,292 shares
- Purpose of holding
- To influence management
- Reason for amendment
- Change in agreements on shares held
- Previous shares under major contracts
- 1,486,560 shares
- Reporting obligation date
- Oct 8, 2026
Commentary
AI commentary · Not investment advice
What happened
Choi Sung Won, the largest shareholder of KWANGDONG PHARMACEUTICAL, and his group extended share-backed loans (loans secured by pledged shares). Choi has pledged shares with Woori Bank, Shinhan Bank and NongHyup Bank. One related party pledged 236,560 shares with Daishin Securities for a loan of KRW 840.0 million.
In the company's terms
The group still holds 9,670,292 shares, or 19.42% of the 49,799,808 voting shares. Pledged shares total 1,486,560, or 2.99%, the same as in the previous report.
What changes for shareholders
The nearest maturity is December 25, for the Shinhan Bank loan. The Woori Bank and NongHyup Bank loans carry floating rates reset every six months. The group holds its stake to influence management.
Earlier Report on Large Shareholdings filings from this company
| Filed | Reporting holder | Stake | Change |
|---|---|---|---|
| 26.10.022026.10.02 | Largest shareholder and 15 related parties | 19.42% | +0.31%p |
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