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NEO MTEL CO., LTD. Announces Changes of Largest Shareholder
NEO MTEL CO., LTD. announced that a Korea-based company has acquired 1,254,807 shares of the Company from Yoon Seong Gyun and one other individual, representing a 20.98% stake. After the transaction, the Korea-based company and two other investors became the largest shareholder of the Company, representing Yoon Seong Gyun and three individuals. The Korea-based company and two other investors currently hold 1,286,488 shares, or 21.51% of the Company.
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