InscoV "Key Executives Purchase Group Company Shares... Responsible Management and Enhancing Shareholder Value"
Executives of InscoBi Group, a KOSPI-listed company, are increasing their stock purchases.
On the 1st, InscoBi announced on the 31st of last month that its key related party and Cellumed director, Executive Director Yoo Jun-young, purchased an additional 495,000 shares of InscoBi, bringing his current holdings to 777,225 shares.
Executive Director Yoo Jun-young expressed his commitment to contributing to the growth of InscoBi Group and responsible management through achievements such as ▲Pritelcom's overseas exports ▲Apimez's listing on the U.S. stock market ▲booming exports of cosmetic brands to Japan, and pledged to lead efforts to restore shareholder trust.
InscoBi Group Chairman Yoo In-soo has also recently decided to take a leading role in management to enhance operational efficiency and strengthen crisis response. He disclosed on the 11th of last month that he purchased 181,323 treasury shares.
The stock purchases by key executives of the group are interpreted as a positive signal that InscoBi Group will grow in the future, along with responsible management.
An InscoBi Group official stated, “Our core business, budget phones, has firmly established its position in the market, and the cosmetics business is also showing strong sales overseas, achieving business diversification. Our affiliate Cellumed is also experiencing favorable developments such as growth in the dental business, expansion of the skin graft business, and entry into the wellness market with the launch of ODF products.”
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He added, “Despite the downturn in the construction industry, Environment ENG and InsGreen are demonstrating strong order acquisition capabilities, enhancing the competitiveness of the group companies. Apimez's listing on the U.S. stock market, Cellumed's research on mRNA production enzymes, and the development of RNA-LNP therapeutics will lead the future growth of InscoBi Group.”
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