[Asia Economy Reporter Jang Hyowon] Nanos, an affiliate of Ssangbangwool Group, is showing strength amid expectations of Ssangbangwool Group's acquisition of Eastar Jet.
As of 10:10 AM on the 11th, Nanos is trading at 6,830 KRW, up 2.86% from the previous trading day.
The participation of Ssangbangwool and Harim in the Eastar Jet acquisition bid is drawing attention to their affiliate, Nanos.
Ssangbangwool is reportedly planning to participate in the preliminary bidding for the sale of Eastar Jet as a consortium with its affiliates Kwanglim, Mirae Industry, and IOK.
The 'Kwanglim Consortium' has experience in acquiring and merging Nanos, which was spun off from Samsung Electro-Mechanics and entered court receivership due to poor management, and restoring it to normal operations.
As a result, Nanos succeeded in turning its operating profit positive in 2018, and last year recorded strong performance with expanded sales of optical filters and achieving the second-largest global market share in the Hall sensor (InSb) sector.
Meanwhile, Nanos is expanding its bio business base by partnering with Corden Pharma, which exclusively supplies LNP formulations to Moderna, and recently signed a supply contract for the COVID-19 treatment 'iCP-NI' with Cellivery.
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