SBS Media Holdings Changes Largest Shareholder to TY Holdings

[Asia Economy Reporter Minji Lee] SBS Media Holdings announced on the 7th that the largest shareholder has changed from Taeyoung Construction to TY Holdings. The company explained, "Due to the division of Taeyoung Construction, all shares previously held by Taeyoung Construction were comprehensively transferred to the newly established spin-off corporation, TY Holdings."