The Korea Herald

피터빈트

Lightron’s largest shareholder to offer stake as collateral

By 정민경

Published : Sept. 21, 2016 - 17:44

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[DISCLOSURE] Lightron (069540) said on Sept. 21 that its largest shareholder Dawons has signed a stock pledge agreement with Gongpyung Savings Bank to offer its entire 375,573 shares as collateral for a 1.9 billion won (US$1.7 million) loan. 

The agreement has given Lightron the right to change its largest shareholder.

By Jung Min-kyung (mkj1105@heraldcorp.com)