[Market Focus] Dunamu-Naver Merger Boosts Woori Technology Investment and Hanwha Investment & Securities

As of 10:00 a.m. on September 29, Woori Technology Investment was trading at 11,830 won on the KOSDAQ market, up 17.13% from the previous day's closing price. On the Korea Exchange, Hanwha Investment & Securities was trading at 6,010 won, up 13.61% from the previous day's closing price. The share prices of these two companies, which are major shareholders of Dunamu, appear to have risen following news of a merger between Dunamu and Naver.

Previously, on September 25, Naver announced, "Our subsidiary, Naver Financial, is discussing various forms of cooperation with Dunamu, including stablecoins, unlisted stock trading, and stock swaps, but no additional details or methods of cooperation have been finalized." There is speculation that Naver may proceed with a comprehensive stock swap to make Dunamu a wholly owned subsidiary through Naver Financial.

According to the semi-annual report for this year, the major shareholders of Dunamu are Chairman and Board Chair Song Chi-hyung (25.5% stake), Vice Chairman Kim Hyung-nyeon (13.1%), Kakao Investment (10.6%), Woori Technology Investment (7.2%), and Hanwha Investment & Securities (5.9%).

This content was produced with the assistance of AI translation services.