[Featured Stock] Korea Technology Group Rises Amid Possibility of Management Dispute

[Asia Economy Reporter Minji Lee] Korea Technology Group has shown strength for two consecutive days amid the possibility of a management rights dispute.

At 9:41 a.m. on the 26th, Korea Technology Group was trading at 18,400 KRW, up 4.5% from the previous session. The stock price rose to 19,450 KRW during the session, setting a new 52-week high.

The previous day, Vice Chairman Hyunsik Cho of Korea Technology Group stated in a press release, "I plan to participate in the ongoing adult guardianship trial procedure as a member of the family," adding, "There is a strong suspicion that recent decisions may be based on information provided by people around the chairman that is not factual."