[Special Stock] Pungsan and Pungsan Holdings Surge on Chairman Ryu Jin's Invitation to Trump's Inauguration Ceremony

Ryu Jin, chairman of Pungsan Group, has been invited to the U.S. presidential inauguration, causing Pungsan Holdings and Pungsan to surge sharply in early trading.

As of 9:08 a.m. on the 24th, Pungsan Holdings is trading at 30,850 won, up 4,800 won (18.43%) from the previous day. Pungsan is trading at 56,600 won, up 5,700 won (11.20%).

Yesterday, the Korea Economic Association announced that Chairman Ryu, who leads the association, has been invited to the inauguration of President-elect Donald Trump scheduled for January 20 next year. Chairman Ryu is currently reviewing whether to attend.