Kwang Myung Electric delays second interim payment to KRW 30.5 billion stake sale to Nov. 30

Bitget2026/10/12 06:22

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Kwang Myung Electric corrected the payment timeline in its share sale that would change its controlling shareholder.
The second interim payment date shifted to Nov. 30, 2026 from Oct. 16, 2026.
The deal covers 8,483,144 common shares, equal to a 19.57% stake, sold by Naban Holdings to P&C Tech for KRW 30.5 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kwang Myung Electric Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261012800353), on October 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kwang Myung Electric delays second interim payment to KRW 30.5 billion stake sale to Nov. 30

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