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JP Morgan Takes 5% Stakes in Four KOSDAQ Materials Suppliers, Valuing 381.1 Billion Won

2026-07-12 09:02:01

TLB9.46%

According to South Korea's Financial Supervisory Service disclosures, JP Morgan acquired stakes of 5% or more in four KOSDAQ-listed small materials, parts and equipment companies on July 9-10, with a total valuation of approximately 381.1 billion won as of July 10. The U.S. bank now holds 5.11% in Reno Industrial, 5.13% in TLB, 5.15% in MK Electronics, and 5.20% in Sung-Kwang Bend. JP Morgan stated the holdings are for investment purposes.

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