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KB Asset Management becomes largest shareholder of Kukdong

July 4, 2016 - 17:13 By 박한나
[DISCLOSURE] Kukdong (005320) announced on July 4 that its largest shareholder has changed to KB Asset Management, which holds a 21.06 percent stake in the firm, from Byun Hyo-soo and seven others who have 18.75 percent stake in the company. 

KB said the acquisition of equity stake was for an investment purpose.