Megastudy chairman sells shares worth US$8.7m to his brother
By 황유미Published : June 22, 2016 - 11:40
[DISCLOSURE] Megastudy (072870) chairman Son Ju-eun sold 170,000 shares (7.31 percent) to his brother Son Seong-eun, CEO of MegastudyEdu (215200), in an outside dealing, the company announced on June 22.
The total amount of the transaction was 10.1 billion won (US$8.7 million) and the chairman’s stake decreased to 12.51 percent from 19.82 percent, while his brother’s increased to 9.12 percent from 1.81 percent.
The total amount of the transaction was 10.1 billion won (US$8.7 million) and the chairman’s stake decreased to 12.51 percent from 19.82 percent, while his brother’s increased to 9.12 percent from 1.81 percent.