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STX refuted rumors related to ‘Chinese fund major shareholder’

Business / 김지선 / 09/15/2023 03:00 AM

 

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] On the 14th, STX, which is about to undergo an integrated relisting, officially refuted the 'Chinese fund major shareholder' theory that was recently raised in the investment market.

According to the company, STX's largest shareholder is APC Mercury Limited, which holds a 46.05% stake as of the end of August. APC Mercury is a native fund made up of pure domestic investors, but it has nothing to do with Chinese capital, according to the company.

The company added, "APC Mercury's self-fund APC Private Equity (PE), which is in charge of operating the fund, is also a Korean fund manager officially registered with the Korean Financial Supervisory Service and has nothing to do with Chinese companies."

The company suspects that such fake news is fake news created by competitors who participated in the takeover battle when STX went on sale in 2018. STX stressed that financial authorities have also confirmed that there was no inflow of Chinese capital during the acquisition process.

Meanwhile, STX Green Logistics will spin-off STX's logistics and shipping business and re-list on the 15th.

 

 

AlphaBIZ 김지선(stockmk2020@alphabiz.co.kr)

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