[Hot Stock] Clio Rises on Acquisition of Japanese Cosmetics Company
Clio is showing strong performance. The news of acquiring a Japanese cosmetics company seems to have had an impact.
As of 1:34 PM on the 19th, Clio was trading at 31,900 KRW, up 1,450 KRW (4.76%) compared to the previous trading day.
Hot Picks Today
"Two Spend 500,000 Won in a Flash, Yet Wait Two Hours?" ... 'Dreamland' Shunned by Kids and Foreign Tourists
- The Era of Getting 200 Million Won After 30 Years Is Over... A Japanese Bank's "Perpetual Department Head" Who Just Clocked In Cries Out
- Spain Hit by Its Worst Tragedy... Lee Kangin, Moreno and Real Madrid Join Soccer World in Mourning
- They Said, “Make It Your Home for Life” - Then Suddenly Kicked 200 Passengers Off... What Happened to the Around-the-World Cruise?
- "130 Rice Bowls Sold Out in a Day"... 'Unfiltered Face' Adds 8 Million Won to Night Market Sales: China's Bungeunwoo
On the same day, Clio announced that it would acquire Duwon, a cosmetics sales company based in Japan. It will acquire 100% of the shares for 7 billion KRW. Additionally, it plans to purchase 100% of the shares of Kawami, a cosmetics import agency, for 1.3 billion KRW.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
