[Featured Stock] TFE Rises Over 8% on Expectations of New Facility Investment

TFI is showing an upward trend in the early trading session due to expectations from new facility investments.

As of 10:16 AM on the 17th, TFI is trading at 16,000 won on the KOSDAQ market, up 1,150 won (7.74%) compared to the previous session.

On this day, the stock price rose as high as 16,100 won during the session.

TFI announced on the 16th that it has decided to invest 14.3 billion won in new facilities.

This amount corresponds to 20.08% of its equity capital, and the investment period is from January 2, 2025, to December 31, 2025.

The company stated, "This is to expand product manufacturing capacity in line with business expansion."