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[Featured Stock] SCI Pyeongga Information Rises Amid Rumors of Sale to Naver, NHN, and Toss

[Asia Economy Reporter Minwoo Lee] The stock price of credit rating company SCI Pyeongga Information is on the rise. The news that it is being sold to major companies such as NAVER and NHN appears to have acted as a positive factor.


As of 10:36 AM on the 29th, SCI Pyeongga Information's stock price recorded 4,685 KRW, up 24.60% from the previous day. This comes amid reports that Jinwon ENC, the largest shareholder holding 49.99% of the company's shares, is putting its holdings on the market and attracting interest from major IT companies planning to expand their financial businesses.


According to industry sources, Jinwon ENC, the largest shareholder of SCI Pyeongga Information, has recently put some of its shares up for sale and is reportedly pursuing a strong business partnership including equity participation. IT companies expanding their fintech (technology + finance) businesses such as NAVER, NHN, and Toss have emerged as major candidates.


Since SCI Pyeongga Information's main businesses include personal and family credit information, corporate information, real-name verification, personal information protection services, commercial receivables, credit investigation, civil service agency, and i-PIN services, there is a high possibility of expansion in the fintech business in the future. Recently, it has been highlighted as a beneficiary stock related to the enforcement of the Three Data Laws, and its personal credit evaluation (CB) sector business appears to have received a positive boost.


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