[Market Focus] Roswell Hits Upper Limit on Voluntary Delisting Decision... "Tender Offer at 1,580 Won"
Roswell hit the upper price limit. This surge is believed to have been influenced by news that the company is pursuing a tender offer for voluntary delisting.
![[Market Focus] Roswell Hits Upper Limit on Voluntary Delisting Decision... "Tender Offer at 1,580 Won"](http://www.asiae.co.kr/news/img_view.htm?img=2025121109164451708_1765412204.jpg)
As of 9:15 a.m. on December 12, Roswell was trading at 1,296 won, up 299 won (29.99%) from the previous trading day.
On this day, Roswell announced that its largest shareholder, Trillion Luck Group Limited, will conduct a tender offer to voluntarily delist the company.
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Trillion Luck Group will make a tender offer for 24,147,451 shares of Roswell, which corresponds to 52.5% of the total issued shares. The tender offer period runs from today until January 9 of next year. The purchase price is set at 1,580 won per share.
This content was produced with the assistance of AI translation services.
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