Mando is trading at 71,900 KRW as of 11:30 AM on the 15th, down 1.1% from the previous day. The trading volume is 355,606 shares, which is 46.32% of the previous day's volume. Mando is known as an automotive parts manufacturer specializing in braking, steering, and suspension systems.
On February 8, Lee Sang-hyun, a researcher at IBK Investment & Securities, announced a target price of 95,000 KRW for Mando, stating, "It has been decided to acquire 100% of Mando Hella's shares (Hanla Holdings 50%: Hella 50%) for 165 billion KRW. This acquisition is expected to expand synergies in development, production, and sales by leveraging Mando Hella's capabilities and bases."
Over the past five days, individual investors have net purchased 1,329,259 shares of Mando, while foreign investors and institutions have net sold 637,993 shares and 686,479 shares, respectively.
※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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