Hyundai BioLand is showing strong performance.
As of 1 PM on the 3rd, Hyundai BioLand is trading at 11,720 KRW on the KOSDAQ market, up 2,480 KRW (26.84%) from the previous day.
Hyundai BioLand surged more than 26% after deciding on a 100% free share issuance.
Hyundai BioLand announced after the market closed that it decided on a free share issuance, allocating 1 new share for every 1 common share held.
The record date for the new share allocation is the 20th of this month, and the new shares are scheduled to be listed on the 13th of next month.
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