It was found that Lee Kyu-ho, vice chair of strategy at Kolon and the eldest son of honorary chair Lee Woong-yeol of Kolon Group, made his first open-market purchase of Kolon Group shares.
According to the Financial Supervisory Service's electronic disclosure system on the 1st, the vice chair on the 28th purchased 2,441 shares (0.01%) of Kolon Industries at 40,975 won per share. He also acquired 10,518 shares of Kolon GLOBAL for the first time at 9,508 won per share.
A Kolon Group official said it appears the purchase was made to further strengthen responsible management as an inside director of Kolon Industries and Kolon GLOBAL.
Kolon Group, starting with the launch of Kolon Spaceworks last year, has been pushing various business structure overhauls, including a restructuring of Kolon Industries' business portfolio, converting Kolon Mobility into a wholly owned subsidiary, merging Kolon GLOBAL with MOD·LSI, and most recently a merger resolution between Kolon Industries and Kolon ENP.