AJ Networks Vice Chairman Moon Deok-Young Receives Common Shares Worth 2.6 Billion Won

[Asia Economy Reporter Han Jinju] AJ Networks announced on the 9th that its largest shareholder, Vice Chairman Moon Deok-young, received a donation of 468,222 common shares worth 2,565,850,000 KRW.

The company stated, "The gratuitous donation reflects the largest shareholder's commitment to responsible management and will be used as funds for executives to exercise their stock purchase rights," adding, "We expect that by motivating work achievement, the members' performance will positively impact the enhancement of the company's value."