[Featured Stock] YIK, Hits 52-Week High on News of Samsung Electronics Semiconductor Equipment Supply
[Asia Economy Reporter Ji Yeon-jin] YIKEI reached its 52-week high on the 5th as its price hit the upper limit.
On that day, YIKEI was trading at 7,840 KRW at 10:30 AM, up 27.44% from the previous day. During the session, it rose to 8,000 KRW, the highest level in 52 weeks.
The company announced that it signed a semiconductor inspection equipment supply contract worth 52.5 billion KRW with Samsung Electronics on the same day.
This amount corresponds to 105% of the 2019 sales revenue, and the contract period is from the 3rd of this month to June 30.
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Meanwhile, the Korea Exchange KOSDAQ Market Headquarters separately announced that it would suspend trading of YIKEI’s shares for 30 minutes from 9:43 AM due to the disclosure of a large single sales supply contract.
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