[Featured Stock] EcoPro BM, Pushing for KOSPI Transfer Listing, Surges Over 13%

The stock price of Ecopro BM, the largest market capitalization stock on KOSDAQ preparing for a transfer listing to KOSPI, surged sharply in early trading on the 28th.

As of 9:31 AM that day, Ecopro BM was trading at 269,000 KRW, up 32,500 KRW (13.74%) from the previous trading day.

In a disclosure the previous day, Ecopro BM announced that it will hold a shareholders' meeting on the 26th of next month to propose the approval of delisting from the KOSDAQ market and simultaneously proceed with listing on the KOSPI market.

On the 7th, during an earnings conference call, Ecopro BM stated that it is considering a transfer listing to the Korea Exchange as part of measures to enhance shareholder value. This is due to expectations of capital inflow and shareholder value enhancement effects following the transfer to KOSPI.

The stock price of Ecopro, which mentioned a 5-for-1 stock split, is also currently trading up 4.49% at 605,000 KRW. Ecopro (086520)

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