[Featured Stock] Harim Joins Eastar Jet Acquisition Battle... Surges for 3rd Day, Hits 52-Week High

[Asia Economy Reporter Park Ji-hwan] Harim's stock price, which participated in the acquisition battle for Eastar Jet, continues its sharp rise for the third consecutive trading day.

As of 10:07 AM on the 11th, Harim is trading at 4,570 KRW, up 5.42% (235 KRW) from the previous trading day. During the session, it rose to 4,980 KRW, setting a new 52-week high. Harim has maintained a strong upward trend for three trading days in a row, following increases of 22.34% on the 9th and 6.25% on the 10th.

According to the results of the Letter of Intent (LOI) submission for Eastar Jet's acquisition, which closed last month, Ssangbangwool Group, Harim Group, and private equity firms have reportedly submitted LOIs. Harim Group submitted its LOI through Pan Ocean, a bulk shipping subsidiary.

Harim plans to expand its business into land, sea, and air logistics and maximize its logistics sector through the acquisition of Eastar Jet.