Sure Softtech plunged due to stake sale by major shareholder Hyundai Motor Company

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hoondork1977@alphabiz.co.kr | 2023-09-07 08:05:40

 

 

[Apha Biz=(Chicago) Reporter Paul Lee] On the 6th, the stock price of Sure Softtech plummeted on the news of the sale of Hyundai Motor, the largest shareholder.

On the KOSDAQ market, SureSoft Tech closed at 8,820 won, down 21.11% from the previous trading day.

On the previous day, Hyundai Motor announced that it disposed of 3.85 million shares of SureSoft Tech in an after-hours mass trading (block deal) method. The disposal price is 9838 won.

Hyundai previously held 7.7 million shares, or 14.91% of SureSoftTech's shares, but sold about half of them the previous day.

 

SureSoftTech is a company that develops software automation verification platforms and was listed on the KOSDAQ market on April 28.

 


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