The second round of public offerings to delist Connectwave also failed.

The second round of public offerings to delist Connectwave also failed.

MBK says it's 86%, but it's never been confirmed. You have to open the books to find out. It's just a one-sided argument from an organization that conspires to commit hostile write-offs.

Additionally, as stated in the news, you cannot accept minority shareholders' shares by force. There are lawyers who will respond immediately if they enter concentration. We have already warned that if the concentration movement begins, we will respond immediately under the Corporation Act.

For your information, it's a profitable business no matter when I sell it.

Even though there is no reason not to sell the stake that was purchased for 3,332 won because the profit is 437% even if you sell it now, the fact that you don't sell it is trying to slow down the point as much as possible because the picture of how Dana will change after the trading.

We have to secure as much time as possible for those who make a living there, and we can even threaten the existence of Yongsan. I think it's also right to defend this. Of course, MBK will eventually buy all of its remaining shares regardless of means and methods and lose the prize.

Of course, I just hope that when it will be, that foreign rogue capital will force the Korean stock market to shake with money... that institutional overhaul will take place before then. People are more precious than money. I hope that everyone who used to drink a glass of soju in Yongsan will remain the same in 10 years.

For your information, MBK's Homeplus is trying to sell to Alibaba. It means that they will hand it over to Chinese capital. But... From Alibaba's point of view... I think Connectwave will be seen as a more coveted sale than Homeplus. Or Coupang will be in the second order. They have already bought a luxury trading platform. Coupang is serious about monopolizing the platform.

To do that, you have to make a deal... it'll be easier.  

#ConnectWave #SecondFailure