[Featured Stock] Sambutogeon Hits Upper Limit Early in Trading Following Stake Sale News
![[Featured Stock] Sambutogeon Hits Upper Limit Early in Trading Following Stake Sale News](http://www.asiae.co.kr/news/img_view.htm?img=2011041310532528278_1.jpg)
[Asia Economy Reporter Lee Myunghwan] Sambutogeon surged up to the daily price limit (30%) on the 8th as it was reported that the largest shareholder is pushing to sell their stake.
As of 9:17 AM on the same day, Sambutogeon was trading at 2,240 KRW, up 29.86% from the previous trading day. This price ceiling appears to be due to reports that the largest shareholder of Sambutogeon is selling their shares.
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Earlier, a media outlet reported that major shareholders including Hurim Robot agreed to sell 25% of Sambutogeon's shares, and the Korea Exchange requested a disclosure inquiry from Sambutogeon regarding the report on the sale of the largest shareholder's stake and others that morning.
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