The Democratic Press Practice Committee (hereinfollowing referred to as the Civil Affairs Committee) of the National Press Labor Union released a list of 20 companies that hold TV Chosun stocks and 4 affiliates of the Chosun Ilbo. Green Cross, Yuhan Corporation, SPC, Thinkware, etc. had stocks in MBN and Channel A as well as TV Chosun.
Currently, only a few shareholders of TV Chosun can be confirmed through the audit report. TV Chosun’s shareholders are Chosun Ilbo (21.95%), TOO CAPITAL.LCC (15.00%), Korean Air (9.68%), and Booyoung Housing (5.50%). Shareholders holding the remaining 47.8% are anonymous under the name of ‘other shareholders’.
The Civil Affairs Committee confirmed who the ‘other shareholders’ were through audit and business reports of 3770 companies, and released the results on the 16th. The Civil Services Committee found 24 companies that have stocks in TV Chosun. Four of them are affiliated with the Chosun Ilbo, and 20 are general companies. The stake in TV Chosun owned by 20 companies is 16.99%. The company or individual that owns a 28.3% stake in TV Chosun has not yet been identified.
First of all, four affiliates of the Chosun Ilbo held shares in TV Chosun. Digital Chosun 0.97%, Chosun News Press 0.95%, Chosun Biz 0.34%, and Sports Chosun 0.32%. The acquisition cost of shares of Digital Chosun Ilbo is 3 billion won. TV Chosun owned by Chosun Ilbo is a total of 24.53%.
A total of 20 TV Chosun shareholders are newly disclosed this time. The company with the most shares is Samheung (4.84%), which runs a golf course business in Yongin, Gyeonggi-do. On January 27, 2011, Samheung paid 15 billion won to buy 3 million shares of TV Chosun. Next, DI Dongil, a subsidiary of Dongil, a mid-sized textile and chemical company, has a 2.9% stake, Daehan Jedang has a 1.94% stake, and Samhwa Networks, a drama production company, has a 1.00% stake.
Companies holding 0.20% to 0.99% of TV Chosun shares are pharmaceutical companies Dong-A ST (0.97%), TCC Steel (0.97%), Green Cross (0.65%), automobile parts manufacturer Seoyeon (0.65%), and Samcheondang Pharmaceutical (0.48%). ), Paris Croissant (0.48%), Daesung Energy (0.32%), auto parts maker NVH Korea (0.32%), Yuhan Corporation (0.32%), auto parts maker THN (0.32%), Shani (0.29%) ) is in order. Among them, Daesung Startup Investment, an affiliate of Daesung Energy, owns 14% of TV Chosun Media Rep, an sales agency for TV Chosun.
Next, SPC Samlip (0.19%), automobile parts maker Thinkware (0.16%), Seoul Auction (0.10%), Ewha Gongyeong (0.06%), and EXEM (0.03%) held TV Chosun shares. In addition, Sejong University (0.096%) and Dongseo University (0.322%) also held shares in TV Chosun.
SPC Group subsidiaries such as Green Cross, Yuhan Corporation, and Paris Croissant, as well as Thinkware, are shareholders of MBN and Channel A as well as TV Chosun. These companies bought shares in three broadcasting companies following the comprehensive programming channel was launched. Green Cross is estimated to have spent 6 billion won and Yuhan Corp. 3 billion won to purchase stocks in three broadcasting companies.
