KS Holdings to cancel 15m shares

Ks Holdings Corporation announced today that its Board of Directors has resolved to cancel 15,000,000 shares of its common stock, representing approximately 7.89% of the company's outstanding shares prior to the cancellation. The cancellation, based on Article 178 of the Companies Act, is scheduled for March 31, 2025. This action follows the company's prior announcement on May 9, 2024, regarding the acquisition and subsequent cancellation of its own shares. After the cancellation, the total number of outstanding shares will be 175,000,000.