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SK Hynix Becomes Kioxia's Largest Shareholder, Indirectly Holding 14.19%

Source: zdnet.co.kr
According to Nikkei Shimbun, SK Hynix holds a 14.19% stake in Kioxia through special purpose corporation SPC2 (BCPE Pangea Cayman2), surpassing Toshiba (14.06%) to become Kioxia's largest shareholder. Toshiba reduced its stake a total of 7 times from July 15 to August 3, triggering a change in shareholder structure.

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