[Featured Stock] RF Tech Rises on News of Major Shareholder's Additional Stake Acquisition
[Asia Economy Reporter Hyunseok Yoo] RF Tech is showing strong performance. The news of the largest shareholder Jayjun Cosmetic acquiring additional shares seems to have had an impact.
As of 10:40 AM on the 17th, RF Tech was trading at 10,550 KRW, up 4.98% (500 KRW) compared to the previous trading day.
On this day, Jayjun Cosmetic, the largest shareholder of RF Tech, additionally acquired 214,624 shares through off-hours block trading for about 2 billion KRW. This additional share acquisition is expected to further stabilize Jayjun Cosmetic's management control over RF Tech. As a result, Jayjun Cosmetic's stake in RF Tech increased from 14.95% to 15.79%.
Hot Picks Today
"Not Even Daiso, but Prices from 1,000 to 7,000 Won" Crowds Flock... This Place Becomes Millennial & Gen Z Shopping Hotspot
- "Is It Really This Big?" World Number One in Sight... K-Beauty’s Surge Captivates Foreign Consumers with Trusted Korean Products
- A Real-Life Fairytale: 26-Year-Old Car Salesman Revealed to Be a Prince
- "I Crave Food So Much"—The Real Reason You Can't Resist Late-Night Snacks Every Night, Even Waking Up for Them [Kok! Health]
- "Does This Really Work?" Just Add Cold Water... Cup Noodles Sell Out in 68 Years' First Craze
Recently, RF Tech's stock price surged significantly due to growing expectations for its 5G base station antenna business and the newly initiated botulinum toxin business. In June, RF Tech and its subsidiary RF Bio succeeded for the first time in the world in isolating and identifying a botulinum strain from 'bees honey' and received a national management number.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
![[Heavy Chemical ON] SK Innovation Streamlines Overlapping Investments in China... SK China Stake Reduced by Two-Thirds](https://cwcontent.asiae.co.kr/asiaresize/307/2026082109252487915_1787271925.png)