AP Healthcare, a subsidiary of Aprogen, is showing strength in early trading on the 11th as it is expected to venture into the cryptocurrency business.
As of 9:11 a.m. on that day, AP Healthcare recorded a trading price of 455 won, up 105 won (30%) from the previous trading day.
On the 7th, AP Healthcare announced that it would change its articles of incorporation and name to enter the cryptocurrency business. It plans to add 'business related to blockchain and virtual assets' and 'investment in blockchain and virtual assets' to its articles, and to propose a change of the name to 'Ap-to-chrome' at an extraordinary shareholders' meeting on the 22nd.
The stock price of AP Healthcare, which primarily focused on the distribution and sale of pharmaceuticals, is fluctuating in response to the news of its entry into the cryptocurrency business. Previously, after Bitmax, Bridge Biotherapeutics (now Parataxis Korea), and Thumbage announced their entry into the cryptocurrency business, their stock prices surged.