Kakao's Kim Beom-su Donates 330,000 Shares to Wife and Children

[Asia Economy Reporter Park So-yeon] Kakao announced on the 19th that Chairman of the Board Kim Beom-su gifted 330,000 shares of the company to his relatives.

His wife Hyung Mi-seon and their two children Sang-bin and Ye-bin each received 60,000 shares.

In addition, relatives including Kim Haeng-ja (25,000 shares), Kim Myung-hee (20,800 shares), Kim Dae-hwan (4,200 shares), Kim Hwa-young (15,000 shares), Jang Yoon-jung (5,415 shares), Kim Ye-rim (4,585 shares), Kim Eun-jung (15,900 shares), Kim Geon-tae (4,550 shares), Kim Yu-tae (4,550 shares), Hyung Mi-sook (19,000 shares), and Park Hyo-bin (6,000 shares) also received shares as gifts.

On the day, Kakao's closing price was 440,000 KRW, making the current value of the gifted shares amount to 145.2 billion KRW.

Chairman Kim's shareholding ratio decreased from 14.20% (12,500,631 shares) to 13.74% (12,176,31 shares).