[Market Focus] EZCaretech Rises on News of 1-for-1 Bonus Issue

EZCaretech is showing strong performance in early trading.

As of 9:15 a.m. on December 4, EZCaretech was trading at 18,240 won, up 7.93% (1,340 won) from the previous day.

The company's announcement of a bonus issue after the market closed the previous day appears to have stimulated investor sentiment.

Through this bonus issue, 6,834,776 new common shares will be issued, allocating 1.0 new share for each existing common share. The record date for the new shares is December 18, and the listing date is scheduled for January 7 next year.

Leading Investment & Securities explained, "EZCaretech has the largest number of specialized personnel in the domestic HIS (Hospital Information System) sector," adding, "The company is striving to become a smart healthcare platform provider based on artificial intelligence (AI), data, and cloud technologies." The company has set a goal to secure more than 100 partner companies in medical AI and related solutions by 2030, aiming to increase the proportion of platform business revenue to over 20%.

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