[Asia Economy Reporter Bu Aeri] Kim Yeonsu, CEO of Hancom, announced on the 28th that he will purchase additional shares.
In May, CEO Kim established a special purpose company, HCIH, through Datoz, where he serves as CEO. HCIH holds 9.89% of Hancom's shares, making it the second largest shareholder.
CEO Kim plans to secure shares in cooperation with Crescendo, a major shareholder of Hancom. However, the method and amount of the purchase have not yet been decided. Crescendo maintains a close cooperative relationship with CEO Kim, including the acquisition of iTEXT and investment in Hancom. Crescendo will also participate in this share purchase as a financial investor to support the company's growth.
If CEO Kim secures additional shares, his control over Hancom is expected to increase significantly. He stated, "Through this share purchase and other efforts, I will actively communicate the key business strategies and directions for Hancom's future growth both inside and outside the company to share them with our shareholders."
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