[Edaily Reporter Shin Ha-yeon ] Cosmetics specialist Bonne Co., Ltd.(226340)hit the daily price limit for the fourth consecutive trading day amid expectations of a change in its largest shareholder and new capital raising.

According to MP Doctor on the 5th, as of 9:21 a.m., Bonne Co., Ltd. is trading at 3,675 won, up 29.86% from the previous trading day. The stock has surged to the daily price limit for four consecutive trading days since the 31st of last month.

It is believed that news that former Ourhome Chairman Koo Mi-hyun is set to become Bonne Co., Ltd.’s new largest shareholder is driving the buying momentum day after day.

Bonne Co., Ltd. announced on the 31st of last month that it had signed an agreement to transfer 3,162,940 shares—held by largest shareholder Lim Seong-gi and four others—to former Chairman Koo for approximately 14 billion won. The stake being transferred amounts to 37.7%, and once the transaction is finalized, former Chairman Koo will become the largest shareholder. The scheduled date for the final payment and transfer of management control is September 10.

The transfer price per share is 4,427 won, which is significantly higher than the stock price at the time the contract was signed. The market interprets this control premium as reflecting expectations regarding Bonne Co., Ltd.’s corporate value and future growth potential under former Chairman Koo’s leadership.

In addition, Bonne Co., Ltd. is proceeding with a third-party private placement of approximately 2.2 billion won and the issuance of 10 billion won in private convertible bonds.