GREEN PLUS Co., Ltd. ARIBIO Holdings acquires 15.09% stake, becomes largest shareholder
GAI summary · Not investment advice
ARIBIO Holdings Inc. reported a new 15.09% stake in GREEN PLUS Co., Ltd. as its largest shareholder after buying 1.7 million shares off-market at KRW 4,680 each.
Stake
15.09%
New report
Key facts
- Reporting holder
- ARIBIO Holdings Inc.
- Relationship with issuer
- Largest shareholder
- Report type
- New
- Reason for report
- New report following a share transfer agreement involving a change of control
- Shares held
- 1,700,000 shares
- Purpose of holding
- To influence management
- Method of change
- Off-market share transfer agreement
- Reason for change
- Agreement to transfer management control and shares
- Source of funds
- KRW 8.0 billionOwn funds
- Reporting obligation date
- Oct 26, 2026
Commentary
AI commentary · Not investment advice
What happened
ARIBIO Holdings Inc. has become the largest shareholder of GREEN PLUS Co., Ltd. It took over 1,700,000 GREEN PLUS shares from Park Young-hwan and 3 others at KRW 4,680 per share. This was an off-market purchase (a direct deal with chosen sellers outside the stock exchange). The deal follows an agreement to transfer both management control and shares. The KRW 8.0 billion used for the purchase came entirely from its own funds, the company said.
In the company's terms
The stake is now 15.09%. GREEN PLUS has 11,265,015 voting shares in total.
What changes for shareholders
The stated purpose is to influence management. However, the company said it currently has no specific plans on matters such as appointing directors or mergers.
Show Korean comments
Comments
No comments yet
Comments from shareholders will appear here.
Get the next disclosure as an app alert
Get app alerts for new disclosures and stake changes on your watchlist