What happened
Joongang Advanced Materials's largest shareholder (Enchem) pledged shares as loan collateral to an individual, securing up to US$15M.
If the collateral is enforced, the largest shareholder's stake, and with it, control of the company, could change.
| Largest shareholder | Enchem |
|---|---|
| Current stake | 14.53% |
| Loan secured | US$15M |
| Stake if enforced | 0.58% |
| Filed | 2026-05-29, [Amended] Share-pledge agreement that may change the largest shareholder |
| Source | DART rcept 20260529901167 → open original filing |
Source: DART. Information only, not investment advice.