[Asia Economy Reporter Jang Hyowon] Fantagio is showing strong performance ahead of the extraordinary general meeting of shareholders to appoint new directors.
As of 10:13 AM on the 15th, Fantagio is trading at 835 won, up 9.87% compared to the previous day.
On this day, Fantagio plans to hold an extraordinary general meeting of shareholders at 11 AM to newly appoint 5 inside directors, 2 outside directors, and 1 auditor. The new appointees are executives from Mirae I&G and others.
Earlier, on the 10th, GNC Partners, the second largest shareholder of Fantagio, signed a contract to transfer 5 million shares (6.88%) to Artist Cosmetic for 10.6 billion won. The largest shareholders of Artist Cosmetic are NK Mulsan (49.72%) and Mirae I&G (49.72%).
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