HLB Side's Stake in HLB Genex Rises to 39.10%... Epoch, 99% Owned by Chairman Chin Yang-kon, Buys Additional 207,897 Shares Over 6 Trading Days
The shareholding ratio of HLB Genex's largest shareholder HLB and related parties has risen to 39.10%. This is the result of additional on-market share purchases by Epoch, in which Chairman Chin Yang-kon holds a 99% stake. According to a report on major shareholdings filed by HLB on the 15th, the n

The shareholding ratio of HLB Genex's largest shareholder HLB and related parties has risen to 39.10%. This is the result of additional on-market share purchases by Epoch, in which Chairman Chin Yang-kon holds a 99% stake.
According to a report on major shareholdings filed by HLB on the 15th, the number of shares and other securities in HLB Genex held by HLB and related parties increased by 207,897 shares, from 14,435,539 shares at the time of the previous report to 14,643,436 shares. The shareholding ratio rose 0.55 percentage points, from 38.55% to 39.10%. The actual number of shares held increased from 9,563,032 to 9,770,929, with the share ownership ratio changing from 29.29% to 29.92%. The change was due to on-market purchases by Epoch, a related party.
According to the filing, Epoch bought 15,603 HLB Genex shares at 2,113 won per share on the 6th. It then acquired 41,529 shares at 2,130 won per share on the 7th and 6,000 shares at 2,200 won per share on the 8th. On the 12th, it purchased 110,000 shares at 2,354 won per share, followed by 7,868 shares at 2,239 won per share on the 13th and 26,897 shares at 2,176 won per share on the 14th. The total additional shares acquired by Epoch over the six trading days amount to 207,897.
As a result, Epoch's HLB Genex holdings increased from the previous 326,583 shares to 534,480 shares. According to the filing, Epoch's shareholding ratio stands at 1.42%. The amount listed under acquisition funding is 4,697,233,900 won, and Epoch raised the funds entirely with its own capital, specifying that the source and nature of the funds are held cash. No borrowings or other financing were reported.
Epoch's ownership structure was also confirmed in this filing. Epoch's largest shareholder is Chairman Chin Yang-kon with a 99.00% stake, and its representative is Lee Hyun-soo. Chairman Chin personally holds 810,858 HLB Genex shares, or 2.16% according to the filing. The 207,897 additional shares purchased this time were acquired in the name of Epoch, the corporation, rather than Chairman Chin's personal name.
Meanwhile, HLB stated the purpose of its holdings as 'influence over management control' in the report. It specified the method of change as on-market purchases and the reason for the change as on-market purchases by a related party. The date the reporting obligation arose was October 14, 2026, and the report was prepared based on the 15th.
[This article is based on the report on major shareholdings filed by HLB. The shareholding ratio in the filing includes potential shares, which differs from the actual share ownership ratio. This article is not a recommendation to invest in any particular stock, and investment decisions and responsibilities lie with the investor. AI assistance was used in the writing of this article.]
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