100 Billion Won In KOSDAQ Riches

With the recent hike of shares listed on the KOSDAQ, new wealth will appear with their shares worth more than 100 billion won.

According to the business and change of shares report submitted by KOSDAQ-listed companies, the exchange’s seven largest shareholders had shares valued at over 100 billion won as of June 6.

By the end of 2004, Kim Sang-heon, the chairman of Dong Suh Corporation, was the sole shareholder of the 100 billion won club.

Kim, whose share value ballooned to 193.2 billion won from 130.6 billion at the end of last year, remained at the number one spot. Dong Suh, the parent company of Dong Suh Food, handles food packing containers and cheeses.

Lee Jung-hoon, CEO of Seoul Semiconductor which manufactures LED packages, ranked No.2 with shares worth 143 billion won, despite the recent selling of 700,000 shares valued at 20.1 billion won.

Hwang Chul-joo, the CEO of the semiconductor and LCD manufacturing facility-producing company Jusung Engineering, is among the rich leaders of venture companies with shares worth 124.9 billion won.

Lee Joon-wook, the CEO of Daeyang E&C, which manufactures the learning supporting device MC Square, and Bae Joong-ho, the chairman of Kooksoondang, also saw their share values increase to 116.5 billion and 105.1 billion won, respectively.

Park Jin-soo, the chairman of cellular phone microphone manufacturer BSE Holdings, and Yang Yong-jin, the CEO of Komipharm, which produces vaccines for animals, also joined the 100 billion won club.

Lee Soo-man, a former singer and currently the largest shareholder of SM Entertainment, had his shares valued at 78 billion won, after the recent hike of the company`s shares.

Kwang-HyunKim kkh@donga.com