Hecto Financial Co., Ltd. Largest shareholder group stake at 41.00% after related-party changes
HAI summary · Not investment advice
Hecto Innovation's stake rose from 40.96% to 41.00% after related parties were added due to a new affiliate officer and an open-market sale.
Stake
41.00%
Key facts
- Reporting holder
- Hecto Innovation Co., Ltd. and 8 related parties
- Previous stake
- 40.96%
- Purpose of holding
- Influence on management control
- Reason for change
- Change due to new officer of affiliate and open-market sale
- Previous shares held
- 5,722,517 shares
- Shares held
- 5,729,064 shares
- Method of change
- Addition and removal of special related parties
- Source of funds
- KRW 302.3 millionDo Hyeong-dong, other (RSU shares calculated value)
Commentary
AI commentary · Not investment advice
What happened
Hecto Innovation and 8 related parties (people treated as holding shares together) reported a change in their stake in Hecto Financial. Their shares went from 5,722,517 to 5,729,064. Their ownership rose from 40.96% to 41.00%.
In the company's terms
There were two changes. Do Hyeongdong, a new executive at an affiliate, was added as a related party, and 7,500 shares were newly reported. Kim Seonjin sold 953 shares on the open market.
What changes for shareholders
The stated purpose of the holding is influence over management. The acquisition funds are listed as KRW 302.25 million.
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