Hansol Group's information technology (IT) subsidiary Hansol PNS recorded the upper limit of the trading price on the morning of the 31st. This appears to be due to the announcement of a voluntary delisting through a public tender offer.
On this day, Hansol PNS shares were traded at 1,558 won as soon as the KOSPI market opened. The stock price is 29.94% (359 won) higher than the previous trading day.
Hansol Holdings announced that from this day until the 30th of next month, it will conduct a public tender offer for 11,052,677 shares (53.93% equity) of Hansol PNS. It will purchase them at 1,900 won per share.
Hansol Holdings currently holds 46.07% equity of Hansol PNS. After acquiring the remaining equity through the public tender offer, it plans to delist the company.