[Featured Stock] Samki EV Hits Upper Limit Following Rights Issue Ex-Rights Date
Samgi EV, a secondary battery parts company for electric vehicles, is showing strong performance on the 31st.
According to the Korea Exchange, Samgi EV's stock price surged to the price limit (29.95%) shortly after the market opened, reaching 6,010 KRW.
The sharp rise in Samgi EV's stock price is interpreted as a result of the ex-rights date due to a free capital increase starting from this day.
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The ex-rights date occurs after the new share allocation record date, when subscription rights for new shares are no longer available. To maintain fairness between existing and new shareholders, the opening price is artificially lowered according to certain criteria.
This content was produced with the assistance of AI translation services.
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