[Featured Stock] Entels Hits Upper Limit on Major Shareholder Change News
[Asia Economy Reporter Eunmo Koo] Entels recorded the upper price limit following news of a change in its largest shareholder.
As of 9:40 AM on the 13th, Entels was trading at 12,250 KRW, up 29.63% (2,800 KRW) compared to the previous trading day.
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On the 10th, Entels announced through a disclosure that its largest shareholder, Shim Jaehee, sold 19.43% (1.34 million shares) of the company's stock to HFR for 26.5 billion KRW. Entels was spun off in 2000 from SK Telecom's in-house venture team and counts the three major domestic mobile carriers, Samsung Electronics, and global network equipment companies such as Nokia among its major clients.
This content was produced with the assistance of AI translation services.
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