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Danawa Reviewing Various Options Regarding Management Rights Sale

[Asia Economy Reporter Minji Lee] Danawa announced on the 9th that the largest shareholder is reviewing various strategic options, including the sale of the company's shares held, in response to the inquiry disclosure request related to the speculation of management rights sale last month. The company stated, "After selecting NH Investment & Securities Co., Ltd. as an advisor, we are proceeding with the necessary preliminary procedures, and nothing has been specifically decided so far."


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