Daesang Honorary Chairman Lim Chang-wook Sells All Preferred Stocks
By [Journalist’s Name]
Daesang Honorary Chairman Lim Chang-wook has recently sold all of his preferred stocks in Daesang and Daesang Holdings. The announcement, made by Daesang, revealed that Chairman Lim sold a total of 43,032 shares of preferred stock, representing 3.14% of the total preferred stock.
The disposal price for each preferred stock was 19,147 won, resulting in a total of 823.93 million won from the sale.
Further transactions revealed that Chairman Lim had also previously sold 80,212 and 109,788 shares of target common stock, amounting to 3,837.25 million won, on November 8 and 15, respectively. As a result, Chairman Lim now holds only 54,670 shares (0.16%) of the target’s common stock.
Additionally, on the 8th, Chairman Lim sold all 28,688 shares (3.14%) of Daesang Holdings’ preferred stock, with a disposal price of 46,515 won per share, totaling 1,334.42 million won. Chairman Lim now holds 1,482,347 shares (4.09%) of Daesang Holdings’ common stock.
The disposal of Daesang Holdings’ preferred stock by Chairman Lim followed a period of record-high trading, with the stock price reaching 51,700 won on December 6, following a steady increase from 7,670 won on November 24.
Furthermore, the rise in the price of Daesang Holdings’ preferred stock was attributed to the release of a photograph depicting Justice Minister Han Dong-hoon and actor Lee Jeong-jae together at the 2024 admission information session for Apgujeong Hyundai High School in Seoul. Both figures, born in 1973, are graduates of class 5 at Hyundai High School in Apgujeong, Seoul.
It is noteworthy that Lee Jeong-jae is known to be in a romantic relationship with Daesang Holdings Vice Chairman Lim Se-ryeong, who is a member of the Daesang Group’s ownership family, with Honorary Chairman Lim Chang-wook being the father of Vice Chairman Lim Se-ryeong.
Reporter: Park Hye-rin
[비즈니스포스트] Daesang Honorary Chairman Lim Chang-wook sold all his preferred stocks of Daesang and Daesang Holdings.
Daesang announced that Honorary Chairman Lim Chang-wook sold 43,032 shares of the preferred stock on the 8th. All of the 3.14% of the preferred stock was sold by Chairman Honorable Lim.
Lim Chang-wook, honorary chairman of Daesang, sells all 2.1 billion worth of preferred stocks of Daesang and Daesang Holdings” height=”150″ src=” width=”300″ />
The disposal price is 19,147 won per preferred stock, for a total of 823.93 million won.
Previously, Honorary Chairman Lim sold 80,212 and 109,788 shares of target common stock, worth 3,837.25 million won, on November 8 and 15, respectively.
Accordingly, Honorary Chairman Lim only holds 54,670 shares (0.16%) of the target’s common stock.
On the 8th, Honorary Chairman Lim sold all 28,688 shares (3.14%) of Daesang Holdings preferred stock.
The disposal price per share of Daesang Holdings preferred stock is 46,515 won. This is a total of 1,334.42 million won.
Honorary Chairman Lim sold all of Daesang Holdings’ preferred stock and now holds only 1,482,347 shares (4.09%) of Daesang Holdings’ common stock.
Daesang Holdings’ preferred stock, which was disposed of by honorary chairman Lim, had previously hit a record high for six consecutive trading days between November 27 and December 6.
The closing price of Daesang Holdings preferred stock was 7,670 won on November 24, but the stock price ended trading at 47,950 and won on December 6. The price of Daesang Holdings preferred stock rose 3,750 won on this day, closing at 51,700 and won.
Daesang Holdings’ preferred stock price rose as a photo of Justice Minister Han Dong-hoon and actor Lee Jeong-jae taken together at the 2024 admission information session for Apgujeong Hyundai High School in Seoul was released via communities online. Minister Han Dong-hoon and Lee Jeong-jae are the same age, born in 1973, and are graduates of class 5 at Hyundai High School in Apgujeong, Seoul.
Lee Jeong-jae is known to be in a romantic relationship with Daesang Holdings Vice Chairman Lim Se-ryeong, a member of the Daesang Group’s ownership family. Honorary Chairman Lim Chang-wook is the father of Vice Chairman Lim Se-ryeong. Reporter Park Hye-rin
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