ES Cube, Sale of Largest Shareholder Stake Worth 65 Billion KRW

[Asia Economy Reporter Ji Yeon-jin] ES Cube announced on the 14th that its largest shareholder, GF Financial Industry No.1, has signed a contract to sell 4,366,744 shares to Ember Capital Korea for 65 billion KRW.

The company stated, "At the upcoming 2022 regular shareholders' meeting, directors and auditors recommended by the transferee (Ember Capital Korea) will be appointed, resulting in the transfer of our company's management rights."