Okaye Shareholder Green Beauty Plans to Transfer 5.50% Stake on May 26

GateNews

On May 26, Okaye announced that shareholder Green Beauty Co., Ltd. plans to participate in a pre-IPO equity transfer inquiry. The company intends to transfer a total of 8.733 million shares, representing 5.50% of Okaye's total shares. The transfer will not be conducted through centralized competitive bidding or block trades, and is not a secondary market reduction.

Transferees acquiring shares through the inquiry-based transfer are prohibited from transferring the shares within 6 months of acquisition.

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