[Edaily Reporter Kwon Oh Seok ] MOA Life Plus(142760), a global beauty and health company, soared to its daily price limit on the 31st, its first trading day following a stock consolidation.(Photo courtesy of MOA Life Plus) According to MP Doctor on that day, MOA Life Plus is trading at 907 won, the daily upper limit, up 29.94% from the previous trading day. Previously, MOA Life Plus had suspended trading from the 7th to the 28th to consolidate its par value from 500 won to 1,000 won. The company explained the purpose of the par value consolidation as “stabilizing the stock price and enhancing corporate value by maintaining an appropriate number of shares in circulation.”
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