On November 05, the Board of Directors of Damsan Joint Stock Company approved to adjust the plan for ensuring the foreign ownership limit as follows:
- The number of KHG shares owned by foreign investors at October 07, 2021 was 0.28%, with 49,100 shares. In the private placement of shares, because the subject is local investors, the private placement does not affect the foreign ownership limit (49% of charter capital).
- In case the shares are not sold out, the Board of Directors will continue to sell shares to other professional investors who are local investors.