[Asia Economy Reporter Minwoo Lee] Solbrain announced on the 17th that the largest shareholder has changed from Jeong Ji-wan and 8 others to Solbrain Holdings and 7 others. This is due to Solbrain Holdings' public tender offer of 2,176,459 shares of Solbrain on the same day.
Solbrain explained, "To transition to a holding company under the 'Monopoly Regulation and Fair Trade Act,' Solbrain Holdings incorporated Solbrain as a subsidiary."
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