[Edaily Reporter kyoungeun kim ] #JYP Entertainment’s stock price is showing strength in early trading on the 27th. [Photo] Parliamentary Audit: “Chairman Park Jin-young Responding to Questions” (Photo by Reporter Noh Jin-hwan) According to MP Doctor, as of 9:27 a.m. today, JYP Entertainment Corporation(035900)is trading at 40,000 won, up 4,000 won (+11.11%) from the previous trading day.(Source: JYP Entertainment)
The sharp rise in the stock price was driven by an announcement made the previous day via press release by the Japanese investment group The NEXROC Group and SVCV, stating their plan to launch a tender offer as early as November to acquire 25–50% of JYP Entertainment’s outstanding shares. They stated that they are considering a tender offer price that adds a 30% premium to the base share price, adding that the specific method for calculating the base share price and the final purchase price will be determined at a later date. Following this news, JYP’s stock price surged by around 14% in after-hours trading the previous day.
However, JYP has drawn a clear line, stating, “We have not received any proposals regarding the acquisition of our shares.” Since the identities and financing capabilities of the two companies proposing the acquisition have not been verified, it remains unclear whether this will actually lead to a public tender offer, so it is necessary to monitor the situation closely.
LG Energy Solution is partnering with global renewable energy company Enerix to expand its presence in the European and North American energy storage system (ESS) markets. The companies plan to begin …
G.I.Tech Co.,Ltd.(382480), a company specializing in ultra-precision components, equipment, and AI vision solutions, is entering the automotive glass defect inspection equipment market.
Exterior vi…
SamsungElectronics(005930)is partnering with Tencent and Woori Bank to expand the overseas payment services of “Samsung Wallet Money.” In China, it will support WeChat Pay-based QR payments, and overs…