[Asia Economy Reporter Yoo Byung-don] IOKE announced on the 8th that it will transfer 35 billion KRW worth of shares in Jayjun Cosmetic to improve its financial structure and secure cash liquidity through the recovery of investment funds.
The number of shares to be transferred is 10,766,176, and there will be no shares remaining after the transfer. The counterparty is Soada.
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