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[Alpha Biz=(Chicago) Reporter Paul Lee] The Korea Exchange warned that the sale of Daesang Holdings Co. (084695), which received an "investment warning" for the past four days, could be suspended.
On the afternoon of the 30th, the exchange said that if the closing price of Daesang Holdings on December 1 rises by more than 40% (23,576 won) from the closing price (16,840 won) on the 29th, and if it is higher than the closing price of the day before the designation of investment warning stocks, the sale could be suspended on the 4th.
Daesang Holdings rose 21,850 won (29.75%) per day to 21,850 won. It hit the upper limit for the fourth consecutive day, soaring 119.7% over the four trading days.
Daesang Holdings saw its stock price soar after it was revealed that Justice Minister Han Dong-hoon and actor Lee Jung-jae were friends. Daesang Holdings (084690) is the second-largest shareholder of Vice Chairman Lim Se-ryeong, a longtime lover of Lee Jung-jae, with 7,389,242 shares (20.41%), and has been tied to rumors that Han will run for next year's general elections.
AlphaBIZ 폴 리(hoondork1977@alphabiz.co.kr)
