[Asia Economy Reporter Lee Seon-ae] SL Bionics announced on the 20th that it will sell its stake in Studio Santa Claus worth 11.4125 billion KRW to improve its financial structure and secure cash liquidity. After the transfer, the shareholding ratio will be 9.67% (3,599,317 shares), which amounts to 23.5% of the company's equity. The sale will be conducted on the stock market, with the scheduled transfer date set for the 29th. The company stated that the purpose of the transfer is "to improve the financial structure and secure cash liquidity."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
