Willings Cancels Contract for Sale of Largest Shareholder Stake Worth 56.9 Billion KRW

[Asia Economy Reporter Ji Yeon-jin] Willings announced on the 12th that it will cancel the transfer contract to sell 2.71 million shares worth 56.9 billion KRW held by the largest shareholder and related parties to Pitch Finance Investment Association No. 1 and five others due to non-payment of the remaining balance.