[Asia Economy Reporter Ji Yeon-jin] On the 20th, Intellian Technologies is showing a strong rise of over 8% amid news of South Korea's lunar exploration.
As of 10:37 AM on the day, Intellian Technologies is trading at 66,200 KRW, up 8.35% compared to the previous trading day. This stock had also surged 9.11% on the 18th.
The stock price soared following reports on the 18th that South Korea is participating in the U.S.-led lunar exploration coalition and is pushing to include related wording in the joint statement of the Korea-U.S. summit scheduled for the 21st.
Earlier, on the 14th, Intellian Technologies announced a resolution for a paid-in capital increase worth 70 billion KRW to invest in a new business related to low Earth orbit satellite communications.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
