Koo Ja-shin, Chairman of Cuckoo Group, Donates Entire Stake of Cuckoo Homesys to Koo Bon-hak

[Asia Economy Reporter Kim Hyung-min] On the 24th, Cuckoo Homesys announced that Koo Ja-shin, chairman of the Cuckoo Group, gifted all 892,270 shares he held to Koo Bon-hak, president of Cuckoo Electronics. As a result, President Koo now holds 4,606,180 shares, increasing his stake to 20.53%.

Additionally, Koo Bon-jin, the second son of Chairman Koo, gifted 944,910 shares to Koo Kyung-mo, who previously held no shares. With this gift, Koo Kyung-mo became the third largest shareholder of Cuckoo Homesys after Cuckoo Holdings and President Koo Bon-hak, holding a 4.21% stake.