[Alpha Biz=(Chicago) Reporter Paul Lee] Asung HMP, the largest shareholder of flat-priced household goods store Asung Daiso, has decided to buy all of its shares held by a Japanese company, the second-largest shareholder.

Asung Daiso said on the 12th that it has decided to purchase all of its stake in Daiso Bridge (Daechang Industrial) to be reborn as a Korean native national store.

According to the equity structure of Asung Daiso, Asung HMP, whose largest shareholder is Park Jung-bu, holds 50.02% and Daiso Bridge holds 34.21%, respectively.

If Daiso Bridge purchases all of its 34.21% stake this time, Asung HMP's stake will rise to 84.23%.

The purchase price of the stake was known to be 500 billion won, but Asung Daiso said it could not confirm the amount.

Asung Daiso plans to open a new Daiso mall that integrates existing Daiso Mall and Shop Daiso on the 15th to enhance operational efficiency and strengthen online operations such as next-day delivery services in addition to existing offline-oriented operations.

 

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