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Konig Glory Changes Major Shareholder to JOY FRIENDS

[Asia Economy Reporter Minji Lee] Konic Glory Changes Largest Shareholder to JOY FRIENDS PTE. LTD.


Konic Glory announced on the 28th that the largest shareholder has changed from Jo Myungje and two others to JOY FRIENDS PTE. LTD. JOY FRIENDS PTE. LTD. owns 2,408,740 shares, accounting for 4.76% of the total shares.


The company stated, "The shares were acquired to secure management rights, and the largest shareholder changed upon the completion of the stock transfer agreement." JOY FRIENDS PTE. LTD. is a Singaporean company, with STONEHOUSE PTE. LTD. as its largest shareholder.


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