Seoul Auction to Sell 200,000 Treasury Shares Worth 5.5 Billion KRW "For Dividend Reserve Purpose"

[Asia Economy Reporter Kim Daehyun] Seoul Auction announced on the 27th that it has decided to dispose of 200,000 treasury shares at 27,455 KRW per share, totaling approximately 5.5 billion KRW. The purpose of the disposal is to secure funds for dividends, among other reasons.

The scheduled disposal date is the 28th, and the transaction will be conducted through off-hours block trading. The entrusted investment brokerage firm is Meritz Securities.