Colma Holdings' stock price is on the rise. It appears that buying momentum surged following the news of the U.S. activist fund Dalton Investment acquiring shares.

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At 9:43 AM on the 7th, Colma Holdings was trading at 8,290 KRW, up 15.30% from the previous day.


This is believed to be due to the disclosure made the previous day that Dalton Investment held a 5.02% stake in Colma Holdings as of the 30th of last month.


Although Dalton Investment stated that the purpose of holding the shares is 'simple investment,' the market expects that Dalton Investment may demand an active shareholder return policy from Colma Holdings.


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Dalton Investment has previously engaged in shareholder activism with Hyundai Home Shopping and Samyoung Trading.


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