[Featured Stock] Jeju Maekju Rises on News of Major Shareholder Change with 10 Billion Won Investment

Jeju Beer is showing strong performance. It is interpreted that this is influenced by the news of a change in the largest shareholder due to a 10 billion KRW paid-in capital increase.

As of 9:10 AM on the 2nd, Jeju Beer is trading at 3,600 KRW, up 10.77% compared to the previous day.

On the 29th of last month, Jeju Beer announced that the largest shareholder would change from Double HM and one other person to Hanul Semiconductor. The ownership stake of the new largest shareholder is 24.2%. This change in the largest shareholder is due to a third-party allotment paid-in capital increase worth 10 billion KRW. Hanul Semiconductor stated that the purpose of acquiring these shares is "business diversification and profit increase."

Jeju Beer is working on business normalization through various management activities and equity investments. It distributes 'Seolhwa Beer,' the world's number one beer by sales volume, domestically, and has invested in 'AGF,' the global number one frozen gimbap company. Additionally, it is showing a different approach from the past by focusing on discovering new sales channels to expand overseas sales.

Recently, Jeju Beer has been actively promoting itself through collaborations such as starting with the YouTube channel 'Jjanhan Hyung' by famous broadcaster Shin Dong-yeop, who has about 1.6 million subscribers, Lotte Home Shopping's mobile TV 'ELive,' and the part-time job platform 'Albamon.' It has also signed a store entry contract with Russia's Metro Group and is preparing for entry. Furthermore, negotiations with major distributors in Japan are in the final stages to expand the sales network in the Japanese market, where exports began this year.