Sinsae Food, Major Shareholder ImaMart Acquires 4.62 Million Shares via Comprehensive Stock Exchange

Sinsae Food (031440), a food distribution company, reported on July 23, 2026, that its major shareholder ImaMart increased common stock holdings by 4.61 million shares. The report, filed on July 23, 2026, showed total shares held by major shareholders rose from 25.74 million (66.46% stake) as of January 7, 2026, to 30.35 million (100.00%) following a comprehensive share exchange. ImaMart acquired 4.62 million shares through the exchange, increasing its holdings from 25.73 million to 30.35 million. Executive Yoon Jeong-hoon's shares were fully exchanged, reducing his holdings to zero. Sinsae Food's December 2025 financials show total assets of 813.5 billion won, liabilities of 455.6 billion won, equity of 357.9 billion won, revenue of 1.2332 trillion won, operating profit of 4.8 billion won, and net profit of 77.2 billion won. The company, listed on KOSPI since April 29, 2010, has a market cap of 38,150 won per share as of July 23, 2026.