[Asia Economy Reporter Kim Hyung-min] Sonokong announced on the 7th that it changed its largest shareholder from Mattel Global to Kim Jong-wan, CEO of Sonokong. CEO Kim and friendly shareholders agreed through a stock transfer contract to acquire all of the 9.77% (2,627,539 shares) held by Mattel Global. On the same day, CEO Kim acquired 7.77% (1,565,619 shares) through after-hours trading, becoming the largest shareholder. After the change, the largest shareholder's ownership stake is 6.27% (1,685,619 shares).
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