[Featured Stock] Hanssem Surges on News of Major Shareholder Stake Sale Plans
[Asia Economy Reporter Park Jihwan] Hanssem is soaring more than 10% following news of the major shareholder's stake sale.
According to the Korea Exchange on the 14th, as of 9:13 AM, Hanssem is trading at 133,500 KRW, up 15,500 KRW (13.19%) from the previous trading day. During the session, it rose to 145,500 KRW, setting a new 52-week high.
Hanssem is reportedly pushing forward with the sale of approximately 30% of shares held by special related parties, including 15.75% owned by founder and largest shareholder Honorary Chairman Cho Chang-gul. In relation to this, the Korea Exchange has requested an inquiry disclosure from Hanssem, with a response deadline of 6 PM.
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So far, the leading acquisition candidate is IMM Private Equity (PE), a management participation-type private equity fund (PEF) operator. The transaction amount is known to be around 1 trillion to 1.5 trillion KRW, including a control premium.
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