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Former Ewha Group pursues Pionex takeover with 53.8% stake via 10 billion won issue

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  • The group formerly known as Ewha Group is pursuing control of KOSDAQ-listed Pionex.
  • Pionex will issue 6,138,735 shares, giving JB Asset Management a 53.8% stake.
  • Three group affiliates were delisted simultaneously last year amid Chairman Kim Young-jun’s criminal trial.
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