Business · Companies · 2 hrs ago
KINX shares jump as Macquarie plans tender offer
Macquarie Asset Management Group announced plans to buy stakes in Gabia and KINX, a South Korean company and its subsidiary.
The plan covers shares held by their major shareholders and a tender offer for shares held by other investors.
A tender offer is an offer to buy shares directly from shareholders.
KINX shares rose for a second day after the announcement.
At 9:23 a.m., KINX was up 12.39% to 176,000 won on South Korea’s KOSDAQ market.
Gabia shares were slightly lower at the same time.
The available information does not say whether the planned purchases have been completed or what happens next.
Macquarie Asset Management Group announced plans to acquire stakes held by major shareholders of Gabia and its subsidiary KINX, and to buy shares held by other shareholders through a tender offer.
KINX shares rose for a second consecutive day.
At 9:23 a.m., KINX was trading at 176,000 won, up 19,400 won, or 12.39%, from the previous trading day.
The article also reported that Gabia shares were slightly lower at the same time.
- Who
- Macquarie Asset Management Group plans to acquire shares in Gabia and KINX.
- What
- It announced plans for a tender offer for shares held by major shareholders and other shareholders.
- When
- The report was published on October 29, 2026; the share price was reported at 9:23 a.m.
- Where
- KINX shares were trading on the KOSDAQ market.
- Why
- Not stated
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Tender offer
- Macquarie Asset Management Group plans to buy shares held by major shareholders and other shareholders
- KINX price
- 176,000 won at 9:23 a.m.
- KINX daily rise
- 19,400 won, or 12.39%
- Market
- KOSDAQ