Humax Top Holder's Stake Rises to 15.17% After Holdings Merger
Humax disclosed that largest shareholder Byun Dae-gyu and related parties now hold 15.17%, following the absorption merger of Humax Holdings.
Humax disclosed on October 12, 2026 that its largest shareholder, Byun Dae-gyu, and related parties now hold 15.17% of the company's shares, according to digitaltoday.co.kr. The stake rose by 15.17 percentage points as a result of the absorption merger of Humax Holdings into Humax.
The merger ratio between Humax and Humax Holdings was 1 to 0.9646707. The merger registration was filed on October 1, 2026.
The new shares issued through the merger are scheduled to be listed on October 19, 2026.
Company background
Humax is a video and audio equipment manufacturer that listed on KOSDAQ on November 16, 2009. For the fiscal year ending December 2025, the company reported total assets of 491.1 billion won, liabilities of 394.9 billion won and equity of 96.1 billion won. Revenue for the year was 394.2 billion won, with an operating loss of 29.2 billion won and a net loss of 81.4 billion won.
Quick answers
Who is Humax's largest shareholder?
Byun Dae-gyu. He and related parties hold 15.17% of Humax shares, according to the company's disclosure.
When will the new merger shares be listed?
Humax said the new shares from its absorption merger with Humax Holdings are scheduled to be listed on October 19, 2026.
What was the merger ratio between Humax and Humax Holdings?
The merger ratio between Humax and Humax Holdings was 1 to 0.9646707.