[Featured Stock] SK Securities Officially Denies "Not Acquired by Woori Financial," Early Trading Weakness

[Asia Economy Reporter Myunghwan Lee] SK Securities is experiencing a decline in the early trading session on the 20th. This is interpreted as a result of the official denial regarding the acquisition rumors by Woori Financial Group, stating that the major shareholder has no plans to sell.

As of 9:27 AM today, SK Securities is trading at 753 KRW, down 7.15% (58 KRW) compared to the previous trading day. The preferred stock, SK Securities Preferred, is also down 14.36% (560 KRW), trading at 3,340 KRW.

On the 17th, SK Securities issued a clarification statement regarding the acquisition rumors by Woori Financial Group reported by a media outlet, stating, "After confirming with the major shareholder, J&W BIG Limited Liability Company, the information is not true."