[Edaily Reporter Kim Kyung-eun ] Shares of CJ CGV(079160)are trading higher in early trading on the 30th following news that the company is receiving an investment from the National Growth Fund.
(Photo = News1)
According to MP Doctor, as of 9:15 a.m. today, CJ CGV is trading at 5,390 won, up 620 won (13.00%) from the previous trading day.
This is interpreted as a result of media reports that CJ 4Dplex, a subsidiary of CJ CGV, is set to receive a large-scale investment from the National Growth Fund, which has boosted investor sentiment.
According to the reports, CJ Corp. 4Dplex is seeking to attract 200 billion won in external investment, and the National Growth Fund is considering a plan to invest by matching funds from the High-Tech Strategic Industry Fund with private capital.
The National Growth Fund is a policy-driven growth fund that will be established with a total scale of 200 trillion won over the next five years. It pools funds from the government and private financial institutions to invest in high-tech industries—such as semiconductors, artificial intelligence (AI), and biotechnology—and related companies.
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