Studio Santa Claus’ Largest Shareholder Secures 51% Stake for “Management Rights Stabilization”
Studio Santa Claus announced on March 13 that it has moved to stabilize its management rights by securing a stake close to 51% through the combined shares of its largest shareholder and related parties.
According to the public disclosure, the largest shareholder, Roa&Co, holds 2,074,694 shares (40.76%), while the related company, Roa Property, owns 517,271 shares (10.16%). Combined, the two companies hold a total of 2,591,965 shares, representing 50.9% of the total equity.
The company explained that, in light of the ongoing delisting process and the liquidation trading scheduled to continue until March 17, this share acquisition is a proactive measure to defend management rights and enhance corporate value.
Hot Picks Today
"She Comes Every Three Months to Stock Up"... Surge of Foreign Visitors Entering Korea for Olive Young Sale
- "'Samsung Electronics Preferred Shares' Bought on Margin, 130 Million Won in Dividends Alone... 2 Billion Won Windfall for Teacher Couple Born in 1993"
- Man Takes Off Shoes and Stretches Out Across Three Priority Seats for Pregnant Women; Passenger Criticizes, Calling It "Dirty"
- Chinese Customers Disappointed by Fake McDonald's Father's Day Set Menu Poster Promising Free Meals for Saying "I Am Your Father"
- Foods That Make Your Face Look Worse, According to a Plastic Surgeon... What Ranked Above Ham and Ramen?
A company representative stated, "By securing more than 51% of the shares, management rights have been stabilized," adding, "We plan to actively seek ways to further enhance corporate value going forward."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.